Latvijas Finieris receives the Export Champion award at the Export and Innovation Award 2023, recognized for increasing its export turnover by 27% in 2022 and contributing to the development of the national economy

Sample article from our Wood & Building Products

December 19, 2023 (press release) –

The Export and Innovation Award 2023 is the highest award for entrepreneurship in the country. We are proud that this year the main prize – the Export Champion – has been awarded to Latvijas Finieris. The company increased its export turnover by 27% in 2022, contributing to the development of the national economy, helping the further growth of the company and providing stable jobs.


Latvijas Finieris is not only an export champion, but has also done a lot in the field of innovation – the company was one of the first to sign a special loan agreement to invest in research, and is a very principled and socially responsible company. When Russia launched a full-scale aggression against Ukraine on 24 February last year, the Ukrainian flag was raised at the Latvijas Finieris building as one of the first in the country. “Latvijas Finieris, like many others, has stopped cooperating with the aggressor countries and has also done a lot to help Ukraine," president of Latvia Edgars Rinkēvičs emphasised at the award ceremony on 14 December, when presenting the Export Champion award. "Many thanks to the management of Latvijas Finieris and all the employees who work every day to promote our export performance!"

The high award was received on behalf of the company by Jānis Ciems, chairman of the Board of Latvijas Finieris, and Māris Būmanis, member of the Board.

"It is an honour to receive this award. At the same time, various thoughts arise – how to produce what is needed, competitively, and how to deliver it to our customers. This requires educational support so that we have both engineers and civil servants who make adequate decisions. That requires smart employees. It also needs the support of the state to believe in the sustainability of the decisions we make, to have the courage to make brave decisions, to develop and to grow. I believe that it will be so, I believe in the country and in the possibilities for all of us!" emphasised Jānis Ciems in his speech of thanks.

The Export and Innovation Award is organised annually by the Investment and Development Agency of Latvia (LIAA) in cooperation with the Ministry of Economics, the Central Statistical Office (CSO), the financial institution Altum and the Latvian Exporters Association, The Red Jackets.



* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

See our dashboard in action - schedule an demo
Dan Rivard
Dan Rivard
- VP Market Development -

We offer built-to-order wood & building products coverage for our clients. Contact us for a free consultation.

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.