Upon the receipt of approval from the Competition Council of Latvia, Stiga RM, one of Latvia’s leading timber companies, plans to complete the acquisition of the Norupe sawmill owned by Rīgas meži SIA in order to build a new production facility instead of the existing sawmill in the coming years. “The approval of the Competition Council of Latvia will allow us to finalise organisational work and to start the implementation of our plans for the development of the new factory. We see that this location has a significant development potential in continuing the targeted development of ...