Phase 2 of Latvijas Finieris factory in Estonia takes place
27 August 2015Latvijas Finieris Group is expanding the operations of its factory Kohila Vineer near Tallinn in Estonia by developing full cycle production of plywood and related products.
The new factory of 17,700m2, including the office building, will feature the wooden load-bearing structural elements manufactured by Peetri Puit OÜ.
The general contractor, another Estonian company Maru Ehitus OÜ, will be responsible for the design and construction works. Project development is being carried out in cooperation with SEB Pank.
Janis Ciems, ceo of Latvijas Finieris, said: "The second phase in the development of Kohila Vineer is part of Latvijas Finieris Group growth plan with an aim to offer customers a wider range of products and a more complete service."
The capacity of the expanded factory will reach 45,000m3/year of birch plywood, and 230 employees will work at the factory.
Total investments since 2011 will reach €80m including this project which is aimed to be implemented by the end of 2016.
