Estonia, Investments, Markets and Companies, Woodwork
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Thursday, 21.11.2024, 13:03
Estonia invests 105 million kroons into timber processing equipment
Juhan Tere, BC, Tallinn, 27.08.2008.
Print version
Print versionInvestments into timber processing equipment in Estonia will be subsidised with 105 million kroons during the years 2007-2013, writes the National Broadcasting.
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The objective of the subsidies is to improve the competitiveness of enterprises that process wood as raw material and help them implement new products, processing technologies and methodologies, thus more fully use the forest resources.
Minister of agriculture Helir-Valdor Seeder signed a relevant regulation on Monday, determining the conditions for receiving investment subsidies in giving added value to forestry products in accordance with the Estonian Rural Live Development Plan for the years 2007-2013.
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