“Global Peat” Ltd. is enterprise that deals with peat extraction and trade. The headquarters of the company is located in Riga (Latvia). Most active peat extraction is done in Latvia and Russia where “Global peat” Ltd. together with its connected enterprises manages two bogs in east of the Latvia and two in Pskov region – near the Latvia border. The total area of marshes is 993 ha and peat reserves are around 12 million tons. Now peat extraction is conducted at 300 ha.