Ltd. LATGALES GRANULAS
Ltd. „Latgales Granulas” was founded in 2014 with a target to recycle residues of the company Ltd. „Aļņi AS” by producing high quality ENplus A1 wooden pellets. To carry out the project there where attracted investments from Ltd. „Aļņi AS”, investment fund „Flycap” and a loan from Nordea Bank AB Latvia. Project was supported also by Latvian Investment Agency. Total amount of investments consists of more than 1.7 million EUR.
The plant is built in the former linen factory in city Varakļāni, located aside of the highway A2.
Plant construction, production equipment set up and testing was finished on the end of year 2015.
To produce in accordance with EN plus standards appropriate wood pellets
To be open and flexible, to satisfy specific needs of customers
To promote regional development and increase the value of agricultural and forestry resources
To produce wooden pellets in environmentally-friendly way, saving resources for future generations
To provide adequate heating for Latvian and European people, only with renewable resources