Audit: Poor management of Latvian State Forests causes millions in losses

The Ministry of Agriculture (ZM) and the management of the joint-stock company "Latvian State Forests" (Latvijas valsts meži, LVM) have not ensured sufficiently effective oversight of the company, according to a State Audit Office audit published on May 21, which also assessed the 2023 government decision to provide support to timber processors.

Original source: Latvian Public Broadcasting