2018

Four-year Contracts for Timber Carriers

JSC "Latvia's State Forests" (LVM) has for the first time concluded a four-year contract for the provision of timber services, which allows entrepreneurs feel more stable.

Mārtiņš Krūze, head of the company's logistics, looks positively at the long-term contracts: "LVM co-operation partners - carriers can feel more secure and plan their activities in the long term; they are able to invest in both technologies and staff. Also, forwarder drivers can be confident and loyal to their companies, because by proving themselves as professional employees, they can be sure about their future. In turn, LVM benefits from long-term quality and stable service availability."

The new four-year contracts cover about 40% of the required annual volume. Currently LVM timber transportation services are provided by 38 companies, involving 133 forestry forwarders with 350 forwarder drivers.

Since its foundation in 1999, LVM by implementing sustainable forest management has paid one billion euros to state and local government budgets. LVM's economic activities are carried out by maintaining and recovering forests, taking care of nature conservation, recreation opportunities and increasing timber volumes, as well as investing in expanding the forest land and developing forest infrastructure - renovation of drainage systems and forest road construction. The volume of timber in the forests managed by LVM increases by 12 million cubic metres annually.