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November 18th, 2010
Estonia – RMK Earns EEK 1.3 Billion in Sales Revenue in 9 Months

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Sales revenue of the State Forest Management Centre (RMK) in the first 9 months of 2010 reached EEK 1.3 billion. During the same period last year, RMK earned EEK 890 million in sales revenue, with growth reaching 46%. RMK’s net profit in the first 9 months of this year was EEK 296 million. That is six times higher compared to the same period last year, when profit reached EEK 47 million. The majority of the revenue was earned from the sale of felled timber and wood chips. In the first 9 months of the year, RMK sold 2 million cubic metres of felled timber for EEK 1.26 billion. The average sales price of felled timber settled at EEK 607 per cubic metre, 24% higher than the year before. Read More