SIA Kronospan Riga, one of the largest wood-based panel manufacturers in the Baltic region and a significant employer in Latvia, has become a member of Foreign Investors Council in Latvia (FICIL).
Kronospan Riga is part of the Kronospan Group – a global leader in the production of wood panels and other wood-based products. In Latvia, the company produces chipboard, MDF panels, and other high-quality products, which are exported to dozens of countries worldwide.
Kronospan’s goal is sustainable manufacturing, efficiently using resources and implementing the latest environmental technologies to reduce its climate impact. The company actively invests in modernization and innovation, and promotes a circular economy by recycling and reusing wood residues.
In addition to manufacturing, Kronospan Riga contributes to Latvian society through social responsibility initiatives, supporting education, environmental, and community development projects, and promoting regional employment and vocational education.
FICIL warmly welcomes Kronospan Riga and looks forward to collaborating to improve Latvia’s business environment, promote sustainable growth, and foster responsible innovation.
More information about Kronospan Riga is available here.