The Lithuanian paper processing company Grigiskes successfully accomplished proactive reliability maintenance project giving opportunity to develop the reliability and efficiency of existing production assets, the company said in a statement.

In 2011, the consolidated turnover of Grigiskes Group, which consists of the production companies Grigiskes, Baltwood, Klaipedos Kartonas, Mena Pak and company engaged in the waste paper business of Klaipeda recycling, outmeasured LTL 307.7 million (EUR 89.1 million).

Ventspils City Council has begun a public discussion of the detailed plan of a part of Staldzene territory, which is located, we would like to note, on the shore of the Baltic Sea and covers 50 he of land in the dune area. City residents have begun a signature collection campaign against the logging of the forest of Staldzene.

The economic crisis has pushed many nations to scramble for revenue and jobs in tight times, and the small Eastern European nation of Latvia is no different. Facing tough circumstances, the country turned to its most important and abundant natural resource: forests.

The state-owned Estonian State Forest Management Centre (SFMC) earned a profit of 31.9 million euros in 2011, by 20% more than in 2010, LETA/National Broadcasting reports.