TIMBER
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HS Timber Productions Invests EUR18M in Its Romanian Plants
Austrian company HS Timber Productions (formerly Holzindustrie Schweighofer), active in the timber industry, is investing more than EUR18 million in its mills in Bacau and Covasna counties.
HS Timber Group Set to Close down Siret Plant, Halt Radauti Operations in Late March
Austria’s HS Timber Group (the former Holzindustrie Schweighofer) will shut down the solid wood panel plant of Siret and the timber plant of Radauti at end-March, with 600 employees due to b...
Schweighofer Opens New Timber Plant In Romania
Austrian group Holzindustrie Schweighofer on Monday opened a new timber plant in Reci, Covasna county, following EUR150 million investments, the company said in a statement.
11,000 Companies Compete Over EUR4B Logging And Wood Processing Business
Logging and wood processing, one of the biggest sectors of Romania’s economy, generate EUR4 billion revenue a year for the more than 11,000 companies in this business.
Romanian Wood Industry Expects Better 2013
The wood industry, where the most important competitors are Austrian-held will have a good 2013 judging from the budgets of the main players.
Kronospan Stagnates, Hopes Second Half Will Be Better
Austrian group Kronospan, one of the largest companies on the wood processing market, posted similar sales in the first six months of this year against the similar period of last year.