JSC “Latvijas finieris” has invested 3.3 million euros in the warehouse of large wooden structures of the company’s “Furniers” factory in Riga, company representatives informed.
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The construction of the more than 3,750 square meter warehouse started in the spring of 2021, and 3.3 million euros have been invested in the project. In total, almost 400 cubic meters of wood were used in the building in the form of glued wooden beams, CLT panels and other wooden structures.
Representatives of “Latvijas finiera” indicate that more than 350 tons of CO2-equivalent carbon has been captured and stored in the warehouse structures.
The warehouse building was designed by Inga Bērziņa, SIA “REMM” architect, and the construction works were carried out by SIA “Castor Construction”.
Aware of the ecological, economic and social advantages, “Latvijas finieris” made a strategic decision more than 15 years ago to use wood products as much as possible in the construction of new industrial buildings. Since then, two rounds of Rēzekne special economic zone SIA “Verems” development, a plywood production workshop at the “Kohila Vineer” factory in Estonia, an impregnation workshop of a chemical product factory in Bolderāja have been implemented since then, and wood products are widely used in a series of smaller construction and renovation project.
It has already been announced that in 2021 “Latvijas finieris” worked with a turnover of 253.291 million euros, which is 15.2% more than the year before, while the company’s profit increased by 15% and was 12.063 million euros.
The company “Latvijas finieris” was registered in 1992, and its share capital is 88,419,906 euros, according to “Firmas.lv” information. The main activity of the company is the production and sale of birch plywood. “Latvijas finierim” owns 100% capital shares in “Verems” company, 100% capital shares in SIA “Latvijas finieris mežs”, as well as 50% capital shares in SIA “Troja” and 50% in SIA “SELF logistics”.
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