Latvian companies increase sales by 20%

In the second quarter Latvian sawmills and industrial planing mills increased their sales volume by 20% to €266.3m vis à vis the comparative quarter of the preceding year. According to the Latvian statistics authority, in the first half year companies sold lumber and planed lumber at a value of €496.8m, representing a 15% increase. Of this figure, two thirds were generated in connection with exports, one third of the production was sold on the Latvian market.