Net Loss by Silva reached LVL 644.5 thousand in 2004
005. Silva reported net loss of LVL 644.5 thousand ($1.1 million).
Jun 14, 2005. /Lesprom Network/. Silva reported net loss of LVL 644.5 thousand ($1.1 million).
In 2004 monetary turnover reached LVL 43.3 million ($75.5 million).
In 2004 Silva invested LVL 440 thousand ($766.8 thousand) in production development, similar amount will be invested in 2005.
In 2004 timber production by Silva reached 610 thousand cub m. 800 thousand cub m of pulpwood and 300 thousand cub m of chips were exported to Sweden and Finland.
Silva is a Finnish-Latvian joint-venture established in 1990. Beginning from 2001 the enterprise has been acting as a representative of Metsaliliito in Latvia.