The Latvian wood-processing company Vika Wood has been recently granted a long-term loan of EUR 7.5 million by SEB Banka. Vika Wood will use the loan and own funds to purchase an automated sawn timber sorting line. The investment in the new laser-based equipment will significantly improve efficiency of the sorting process, as reported by LETA Latvian News Agency. With the help of the loan, Vika Wood will also build a new production building to house the automated sorting line which is to be put into operation by ...
Register for unlimited access
We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
