Latvijas valsts meži controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2026
Latvia's Competition Council fines Latvijas valsts meži 7.86 million euros
Fine or penalty
Latvia's Competition Council imposed a 7.86 million euro fine on the state-owned forestry company Latvijas valsts meži (LVM). According to the Competition Council, LVM created unjustified competitive advantages for companies holding long-term logging agreements. The authority ordered LVM to end those advantages and to introduce equal-opportunity timber sales procedures.
Source excerpt
For the infringement, the Competition Council imposed a 7.86 million euros fine on LVM and ordered the company to fulfil two legal obligations: end the advantages arising from the long-term logging agreements and introduce timber sales procedures that provide all interested market participants with equal opportunities to purchase timber.
Latvia’s Competition Council (KP) has imposed a 7.86 million euros fine on state-owned forestry company Latvijas valsts meži (LVM) for creating unjustified competitive advantages for companies holding long-term logging agreements, Competition Council chairwoman Ieva Šmite announced at a press conference on Thursday.
the arrangements gave certain long-term agreement partners unjustified competitive advantages