The main task is to build a sustainable and solid
economic environment in order to facilitate development and competitiveness in
the forest sector enterprises
We are aware:
... that Latvian forest industry since gaining
independence is a pillar of Latvian
economy and constitutes:
- 20% of Latvian exports
- 30% of manufacturing
- 5-6% of gross domestic
Therefore, our work is focused on creating such a business environment that motivates industries and economic growth in future!
... that the Latvian forest sector is one of the most important
- More than 80% of jobs
are established outside Riga;
- Since 2009, the number
of jobs in the sector has increased by 8,000 employees;
- Since 2009, the average
wage in the wood industry, according to the State Revenue Service data, has
increased by more than 40%.
Therefore, our work is focused on the creation of such a business environment that motivates establishing and maintaining sustainable jobs!
... that only purposeful land management will encourage prosperity
- more than half territory of Latvia is covered by forests, where sustainable
forestry is being implemented;
- more than 70 thousand Latvian residents over the past five years have
gained income from their own forests;
- each Euro derived by the owner from the forest felling sales, Latvian
forest sector multiplies six times. More than 90% of exports consist of
industrial wood products;
- Latvian forestry widely uses scientific recommendations and new products
created by scientists.
Therefore, our work is focused on building meaningful economic thinking in order to facilitate national prosperity!
... that wood products is the most human material:
- By skilful use of knowledge and technologies, wood has a broad range of applications - from furniture, building materials and fuel, ending with food, cloth, fire protection elements and load-bearing structures of modern cars, trains and liquefied gas tankers;
- wood products not only create a healthier environment around us, but also work as carbon storages, which reduces global climate changes.
Therefore, our work is
aimed to increasing use of locally produced wood products also in the homeland!