Latvia Export 2016 export directory

Latvia Export 2016
NordTorf

Situated in the Republic of Latvia, SIA Nordtorf is a company specialising in the production and sale of peat and peat products. Two German peat businessmen founded Nordtorf SIA, which is based on German capital, in 1996. The founders of Nordtorf SIA have longstanding experience in the field of peat and peat substrata production. Bernhard Steingröver, Member of the Management Board of SIA Nordtorf, and Hawita-Gruppe GmbH own 100% of the company’s shares.

SIA Nordtorf is situated in the Southern part of the Republic of Latvia, near the border with Lithuania, in Akniste. The size of the plant is approximately 6000 m² and it features 7 production lines for the packaging of peat and substrata. SIA Nordtorf, SIA LTL (which is connected to SIA Nordtorf) and SIA Cesvaines Kudra, own peat-production licenses for six bogs. The total area of all 5 bogs is 2880 ha. The extractable peat reserve of all 5 bogs is 40 million m³ in total. The peat reserve is enough to supply raw material for production for at least the next 50 years.

The main production objective of SIA Nordtorf is the production of substrata. The company’s plant produces approximately 550 000 m³ of substrata and potting soil per year and the amount is increasing. The storage area near the plant enables the storing of approximately 40 000 m³ of raw material and packaged complete products. SIA Nordtorf produces substrata according to the client’s wishes and also in the client’s own packaging, if necessary. In 2008, the net turnover of SIA Nordtorf was MEUR 8.89.

In 2006, Nordtorf SIA acquired 50% of the shares of the Latvian peat production company SIA LTL. SIA LTL deals exclusively with the production of garden peat. SIA LTL produces approximately 200 000 m³ of milled and block peat per year from a production area of 520 ha. The company supplies raw material for the SIA Nordtorf plant in Akniste. SIA LTL sells a part of the produced milled and block peat to its clients; transportation is organised by ships loaded in the Port of Riga. At the end of 2008, SIA Nordtorf bought 100% of the shares of the peat-production company SIA Cesvaines Kudra (see News). SIA Cesvaines Kudra owns the peat-production licenses for 2 bogs and the total area of the bogs is approximately 1450 ha. Today, there are approximately 250 employees in total working in the three companies, about 120 of whom are seasonal workers employed during the summer. In 2008, the total turnover of the three companies was MEUR 10.5.

SIA NORDTORF
Aerodroms
Aknīstes l.t.
Aknīstes novads
LV 5208, Latvia
Tel.:+371 652 209 30
Mob.: +371 294 27406
Fax: +371 652 209 45
E-mail: info@nordtorf.eu
www.nordtorf.eu

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