Course code MežZ5042

Credit points 3

Business in Forest Sector

Total Hours in Course81

Number of hours for lectures24

Number of hours for seminars and practical classes8

Independent study hours49

Date of course confirmation30.03.2021

Responsible UnitInstitute of Forest Management

Course developers

author

Jānis Krūmiņš

Dr. silv.

author Mežsaimniecības institūts

Lelde Vilkriste

Dr. silv.

Course abstract

The course provides knowledge about the markets of the forest industry production, sales and services industry. The market analysis analyzes the economic indicators of the sectors, target markets, the level of competition and the principles of operation of leading companies in different sectors.

Learning outcomes and their assessment

•After completing the course, students have:
• knowledge of the markets of the forest sector production, trade and service sectors (practical work; homework; presentation;
• ability to research, summarize, evaluate and analyze the market and level of competition of forest industry companies (practical work; homework; presentation);
• comprehension of the operating methods and principles of forest industry companies (practical work; homework; participation in discussions).

Course Content(Calendar)

Types of business. Latvian forest industry companies and organizations by sectors (lect. - 2h).
Business cluster and forest industry (lect. - 1h; practical work - 1h).
Forest nursery market analysis (lect. - 1h).
Market analysis of forest planting and thinning service providers (lect. - 1h; pr.w. - 1h).
Forest inventory, assessment and management planning service providers (lect. - 1h).
Market analysis of logging and timber transportation service providers (lect. - 2h; pr.w. - 1h).
Market analysis of forest management companies (lect. - 1h; pr.w. - 1h).
Market analysis of sawn timber producers (lect. - 2h).
Market analysis of plate material producers (lect. - 2h; pr.w. - 1h).
Market analysis of wooden house producers (lect. - 1h; pr.w. - 1h).
Furniture producers and share of market (lect. - 1h).
Market analysis of wooden window and door producers (lect. - 1h).
Market analysis of wood pellet producers (lect. - 1h; pr.w. - 1h).
Market analysis of energy chips producers (lect. - 2h).
Market analysis of pulp and paper producers (lect. - 1h; pr.w. - 1h).
Other forest service providers and their market analysis (lect. - 1h).
Forest industry companies in Latvia and in the world - development conditions and perspectives (lect. - 3h)w

Requirements for awarding credit points

To take the final test:
• all practical tasks must be completed and credited;
• all independent works and home works must be completed and credited;
• presentation on product market in a particular sector have been prepared and credited.

Description of the organization and tasks of students’ independent work

The independent works means to develop/ complete the started practical work in detail, preparing the assigned homework, additionally getting acquainted with a more detailed presentation of the issues covered in the lessons and preparing presentations or materials for discussions. All works must be designed and submitted within the specified deadlines, in accordance with the instructions given in lectures and practical classes.

Criteria for Evaluating Learning Outcomes

If all classes have been attended, all practical tasks have been completed in time during the semester, homework has been completed and the presentation has been defended - the final test may not be taken. The evaluation is based on the evaluation of the presentation (60%), practical work (20%) and other activities - active participation in lectures (participation in discussions, participation in group work, substantiation / argumentation of one's opinion) (20%).

Delayed and non-credited practical work must be worked out in accordance with the procedures and at the time of admission specified by the lecturer no later than two weeks after the delayed lesson (if there are justifying documents for a long delay - within two weeks from the resumption of studies).

Compulsory reading

1. Dienas bizness: ISSN 1407-2041
2. www.latvianwood.lv
3. www.ettf.info
4. www.liaa.gov.lv

Further reading

1. www.em.gov.lv
2. www.lnma.lv
3. www.zm.gov.lv
4. www.woodhouses.lv

Periodicals and other sources

1. Baltijas Koks: ISSN 1407-6667
2. www.liaa.gov.lv
3. Uzņēmumu un organizāciju mājslapas un publicētie pārskati

Notes

Optional study course for students of the specialization direction "Forest Economics and Politics" of the master's study program "Forest Science" of the Faculty of Forestry.