In 2012 the manufacturer of veneer sheets and wood-based panels a/s Latvijas finieris earned 6.83 million lats, while the company's turnover amounted to 126 million lats.
Last year, the group invested 15.3 million LVL in its development, including 6.9 million LVL were invested in the leading company of the group a/s Latvijas finieris. Last year the reconstructed birch processing plant in Estonia was opened. The company's management believes that the renewed plant will be able to process 120 thousand m3 birch veneer blocks per year, and if the business plan will be implemented, it is planned to create approximately 70 jobs in the course of time.
Also in 2012 a/s Latvijas finieris established a product development and trading company in Turkey, which is the eleventh company outside Latvia. Its mission is to maintain a direct link with export customers.
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