The Supervisory Board of RMK adopted the supplementary budget for 2010 14.04
The
Supervisory Board of the
With the
supplementary budget for 2010, RMK estimates the sales income for the current year
to be EEK 1.7 billion and profit EEK 210 million. Compared to the previous
year, the income of the company is estimated to increase this year by 36% and
profit by 41%. 2010. Compared to the initial budget for 2010, income has been
increased by 11% and expenditures by 8%. The sales profit of RMK for 2009
amounted to EEK 1.251 billion and profit to EEK 148.9 million.
“2010. “The
need for the supplementary budget for 2010 arose in relation to the activation
of the timber market and the opportunity created thereby for implementing more
resources,” Mati Polli, Chairman of the Supervisory Board of RMK, commented.
“It is also important that in the current economic situation, we can offer jobs
for hundreds of people.”
This year,
RMK plans to increase the cutting and sales volume of the state forest to a
record-breaking 2.8 million cubic metres. Last year, 2.36 million cubic metres
of timber was sold at an average price of EEK 514 / cbm; the average sales
price this year is estimated to be EEK 602 / cbm. According to estimates, the
decision by RMK to increase the volume of cutting and forestry works will give
350 more people jobs at the partners of the company.
According
to Mati Polli, Chairman of Supervisory Board of RMK, another important reason
for the adoption of the supplementary budget is the increased focus on nature
protection. “A nature protection department has been added to the structure of
RMK as a new unit, organising practical nature protection works in the forest.
The investments of RMK into nature protection increased from EEK 2 million to EEK
12 million with the supplementary budget,” Polli said.
The sudden
increase in the volume of nature protection works arises from the investments
into the measure of the operational programme “Preservation of the Diversity of
Nature” for the development of the living environment, adopted by the
Government of the Republic on 25 March. EEK 10.2 million of the funds allocated
will be spent for the organisation of practical nature protection works in the
state forest; RMK plans to use EEK 1 million for organising the forest located
in towns and owned by the state. The latter provides a chance to offer jobs to
some unemployed people who live in towns, for whom it would be impossible to
work in the forest due to the distance.
With the
supplementary budget adopted on Friday, RMK also increased expenditures for the
development of nursery and seed management, as according to estimates the need
for forestry plants will significantly increase in relation to the increase in
prescribed cuts, increasing from the current 11 million to 14.5 million plants.
The budget
for the field of nature preservation was also increased by EEK 4.6 million. The
budget of the unit engaged in the organisation of forest recreation and the
establishment of other conditions required for the diverse use of the forest
now amounts to EEK 76 million.
RMK is a
profit-making state agency established under the Forestry Act, aimed at
sustainable and efficient management of the state forest. RMK grows
reforestation materials, organises forestry works and is engaged in the sale of
forest and timber and the upkeep of wild animals. In addition, RMK provides
opportunities for hiking in the nature and having a rest in the forest on
recreation areas, in five Estonian national parks and about 40 other protected
areas, and shapes awareness of nature. RMK manages 38% of the
Additional
information:
Mati Polli
Chairman of the Supervisory Board of RMK
Tel 504 6577
E-mail mati@sylvester.ee
Aigar
Kallas
Chairman of the Management Board of RMK
Tel 676 7299, 528 1299
E-mail aigar.kallas@rmk.ee
