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Schweighofer Sells Its Forests in Romania to Swedish GreenGold Group
Austrian timber giant Schweighofer Group is selling more than 14,000 hectares of forest land it owns to Romania to Sweden's GreenGold Group for an undisclosed amount, the company said in a statement Monday.
Romania Has 13 Land Owners Which Hold Over 10,000 Hectares Of Forest Each
Romania has 13 owners of land which hold over 10,000 hectares of forest and the rest of the forest fund property is heavily fragmented, according to analysis carried out by the country’s Com...
IKEA Expands On Three Fronts In Romania
Sweden’s IKEA only had one store in Romania for eight years, but last spring its strategy changed with investment reaching EUR300 million, according to ZF estimates. The group is pursuing th...
IKEA Buys 33,600 Hectares Of Forest In Romania From Greengold
Swedish furniture retailer IKEA has bought 33,600 hectares of forest in Romania in the counties of Prahova, Buzau, Vrancea, Botosani and Bihor, the company’s representatives said Thursday.
Forests Cover Less Than 30% Of Romania
The forest area in Romania stands at about 6.6 million hectares, covering 27% of the country. This puts it on the 13th place in Europe by volume and 26th as percentage of land area, accordin...
Harvard University Has 35,000 Hectares Of Forest And A Plywood Plant In Romania
Investment fund Phemus Corporation, registered at the same address as Harvard Management Company, a subsidiary of Harvard University – the largest foreign owner of forest on the Romanian mar...
Borbely: Individual Forest Owners May Apply For Financing Through Afforestation Program
Romanian forest owners will be able to apply for financing, in association with local authorities, after the Environment Ministry amends the guide on the afforestation program financed from...
Foreign Kings Of Forests Have Romania On Their Radar
The five biggest foreign forest owners have come to own over 80,000 hectares in Romania, according to ZF estimations based on data provided by Zoltan Kosy, country manager with Tornator, one...