Turnover of UAB Juodeliai Exceeded 30 Million Litas in 2010

Since the second half of 2010, the wood processing companies welcome the improved market situation. Such trends are influenced by the recovering Western European market.

UAB Juodeliai, one of the largest wood processing companies in Lithuania, also achieved good business results in 2010. Its annual income exceeded 30 million Litas, i. e. 61.8% more than in 2009. The company, which successfully exports most of its production, has signed new agreements on cooperation with 13 partners from different Western European countries over the 2010. Over the past year, UAB Juodeliai has sold abroad 85.35% of sawn wood – wooden pallet blanks – of different sizes and 27.6% of secondary products – sawdust and wood chips.

Successful results of 2010 and optimistic forecasts for Western European markets obligate to set even more stringent goals in 2011 and strive to implement them. Target turnover for 2011 is 36 million Litas.