Last update: 22.10.2020 17:36 (GMT+3)

PATA Saldus (15.09.2020)

Riga market | Baltic Secondary List

SMA1R  |  ISIN LV0000101681

Basic Materials > Basic Resources

Trade

PATA Saldus

PATA Saldus

Name: AS "PATA Saldus"
Core business:  Forestry
Auditor: SIA "Nexia Audit Advice"
Listing date: 14.11.1995 (Free list); from 21.05.2007 Baltic Secondary List 
Market: Nasdaq Riga 

Supervisory Board:
Uldis Mierkalns (Chairman), Jānis Bertrāns, Inga Mierkalna, Inga Jākobsone

Management Board
Gatis Zommers (Chairman), Jānis Mierkalns, Ilze Bukulde   

Background information

AS "PATA Saldus" operates in two key sectors - forestry and wood processing.

Until year 2094 the Company has engaged into long-term forestry agreement with State Joint Stock Company "Latvian State Forests" about forest harvesting in total area of 40,000 ha. AS "PATA Saldus" owns 5,000 ha of forest territory, and is still expanding by purchasing felling sites and property form private forest owners all around Latvia. AS "PATA Saldus" performs a complete forest management cycle both in its owned forests, and also by providing services to other legal and private individuals. Every year soil is being prepared for artificial forest renewal, as well as new cultures are planted, also thinning of already existing forests is performed. By attracting co-funding from EU structural funds, needed forestry activities are carried out in order to ensure reforestation, maintenance and value appreciation of forest areas  through environmentally friendly, non-deteriorating forest management, by working in accordance with the FSC forest management and wood flows certificate requirements. The felling takes place all year long. This is done by 9 forest tractors, 6 forwarders, as well as other auxiliary equipment and machinery. Part of the cut and purchased round coniferous timber is processed in two sawmills, located at Saldus 86a Kuldīgas Str. and 25 Apvedceļš str. In these sawmills saw logs with dimensions starting from 10 cm in diameter and 3.7 to 6.1 m in length are processed. Lumber after cutting is being sawn, miter cut and grouped according to their quality and cross-grained cut in compliance with the Scandinavian quality requirements and the British construction standards BS 4978:1996th. While performing wood processing, AS “PATA Saldus” operates in accordance with requirements of certificate of energy management systems (ISO 50001: 2012). The Majority of processed products are exported to Austria, Germany, China and the Baltic countries.



Contacts:
Address: 86c Kuldīgas str., Saldus, Saldus raj., LV-3801, Latvia 
Phone: + 371 63807072
E-mail: info@patasaldus.lv
http://patasaldus.lv/

Contactperson: Zane Radziņa
Tālrunis: +371 63807072
E-pasts: zane.radzina@patasaldus.lv  



Tradable Assets

Shares
Bonds
Funds

Market information

Statistics
Trading
Indexes
Auctions

Market Regulation

Rules and Regulations
Surveillance

Get Started

For Companies
For Investors
For Brokers/Members
For First North Advisers

News

Nasdaq News
Issuer News
Calendar

About Us

Nasdaq Baltic Market
Offices