Norvik invests in Laesti
22 September 2015Norvik Timber Industries’ Estonian subsidiary Laesti is investing in a new boiler, a dry sorting line and kilning technology at its Sauga sawmill in Pärnu.
Norvik said the investments would enable it to develop sales and command better sales prices for products.
“This investment is part of a five-year development plan we have for Laesti,” said Sampsa Auvinen, CEO of Norvik Timber Industries.
Laesti has two sawmills in Pärnu, Savi and Sauga. The total production in 2014 was 103,000m3 of sawn timber.
• Earlier this year, Norvik Shipping, the UK logistics arm of Norvik Timber Industries, acquired the port of Baltic Wharf in Rochford.
