2013

LVM to continue purchase of forestland

JSC “Latvia’s State Forests” (LVM) spent more than LVL 1.5 million on purchasing 1,455 hectares of forestland from 99 private individuals in 2012.

The company will continue to purchase forestland this year with funds allotted from incomes not related to timber sales, for example – compensations for building various communications and power lines on state forestland and land rental not connected with forestry production or trade in mineral resources.

JSC “Latvia’s State Forests” structural unit “LVM Nekustamie īpašumi” director Artūrs Jansons: “We are interested in all kinds of territories with forestry activities allowed – clearings, young forest stands, forest stands old enough to be cut down, unused agricultural land.”