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VIRU-NIGULA SAEVESKI AS's activity report 2022

The main activity of AS Viru-Nigula Saeveski is the production of sawn timber. AS Viiratsi Saeveski together with its subsidiaries AS Aegviidu Puit, AS Viru-Nigula Saeveski and OÜ Nordwood form a group. The companies use the common trademark NORDWOOD. Significant events and investments Production stoppages due to lack of raw materials. Raw material imports from Sweden, Norway, Finland. Establishment of a solar park to supply electricity to wood dryers. The key financial ratios of AS Viru-Nigula Saeveski are: Year 2022 2021 Liquidity ratio 2.66 3.10 Debt ratio 0.21 0.27 Asset

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VIIRATSI SAEVESKI AS's activity report 2022

AS Viiratsi Sawmill together with its subsidiaries AS Aegviidu Puit, AS Viru-Nigula Sawmill and OÜ Nordwood form a group, the main activity of which is the pro
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AS Viiratsi Sawmill together with its subsidiaries AS Aegviidu Puit, AS Viru-Nigula Sawmill and OÜ Nordwood form a group, the main activity of which is the production of sawn timber. The companies use the common trademark NORDWOOD. Production The group produced 274 thousand m3 of sawn timber (in 2021 284 thousand m3). Innovation Developments in economic software in the field of warehouse management and production planning. Significant events and investments Production stoppages due to lack of raw materials. Import of raw materials from Sweden, Norway, Finland and Latvia. Completion of

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