Latvian Forest Company Ab (Publ.) Has Completed The Transaction Regarding The Purchase Of All Shares In Uab Siluona.
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Latvian Forest Company Ab (Publ.) Has Completed The Transaction Regarding The Purchase Of All Shares In Uab Siluona.
December 3, 2021

Latvian Forest Company AB (publ) (“LFC”)  has completed the purchase of all shares in UAB Siluona today. Through the purchase, LFC will acquire 1,338 hectares of land with 301,000 cubic meters of timber stock. The transaction value of UAB Siluona’s value-creating assets: forest and agricultural properties amounts to EUR 7.5 million. The purchase price for the shares amounts[…]

PRODESA completes the commissioning of a new pellet plant in the US
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PRODESA completes the commissioning of a new pellet plant in the US
September 14, 2021

PRODESA commissioned a new pellet production plant in Georgia (USA) with a capacity of 70,000 industrial pellet I1. Not only PRODESA carried out the engineering, manufacturing, construction and commissioning of the grinding and milling line, but also they have been responsible for the development of the dry storage and feeding system, pellet storage and train loading system. This success confirms the quality and competitiveness[…]