RMK earned a profit of EUR 6.3 million in the first six months of the year. 29.08
According to Aigar Kallas, Chairman of the Management Board of RMK, the increase in turnover and profit this year is consistent with the objectives under RMK’s development plan. “No doubt the storm that wreaked havoc in the south of Estonia in early July will leave its imprint on both the quantity and quality of timber harvested; however, we will do our best in order to meet the targets set under the budget,” Aigar Kallas added.
In the first six months of 2016, RMK sold 1.8 million cubic metres of timber for a total of EUR 76.4 million. The average sales price of timber settled at EUR 42.8 per cubic metre, down 3% year-on-year. In the first half of 2015, RMK sold 1.6 million cubic metres of forest material for EUR 70.8 million, and the average sales price settled at EUR 44.3 per cubic metre.
In the first half of the year, RMK sold 86,885 cubic metres of cutting waste and wood chips for EUR 2.4 million, with the average sales price reaching EUR 27.7 per cubic metre. Last year in the same period, RMK sold 75,448 cubic metres of cutting waste and wood chips for EUR 2.2 million, with the average sales price reaching EUR 28.7 per cubic metre.
In 2016, RMK is planning to sell a total of 3.5 million cubic metres of timber for EUR 157 million, and 205,715 cubic metres of cutting waste and wood chips for EUR 5.9 million. RMK’s 2016 budget projects a turnover of EUR 171 million and a profit of EUR 37 million.
RMK is the keeper, protector and manager of the forest and other natural biotic communities belonging to the Estonian state. RMK earns a profit for the state through forest management, growing reforestation material, and organising forest and nature protection works. In addition, RMK provides opportunities for nature walking in recreational and protected areas and shapes nature awareness. Last year, RMK’s nature reserves and recreational areas were visited 2.2 million times, with visitor numbers growing from year to year. RMK consists of the Sagadi Forest Centre, the Elistvere Animal Park, AS Eesti Metsataim and the Põlula Fish Farm.
Chairman of the Management Board of RMK
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