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CEE’s Largest Brokerage Firm Sees Romania’s Economy Growing Only 0.5% in 2023
Romania's economy will grow by only 0.5% in 2023, says Wood, the largest brokerage firm in Central and Eastern Europe, in an analysis. However, there may be pleasant surprises, Wood believes.
Kastamonu Romania Revenue up 24% to EUR169M in 2021
Kastamonu Romania (formerly Prolemn), controlled by Turkey's Kastamonu Entegre, posted EUR169 million revenue in 2021, up 24% on the previous year, the company said. Kastamonu’s revenue stoo...
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...
Kastamonu Romania Revenue Rises 19% to RON194M in Q1
Wood processing company Kastamonu Romania (formerly Prolemn) held by Turkey’s Kastamonu Entegre, posted RON194.3 million (about EUR40 million) revenue in the first quarter, an increase of mo...
Wood Industry Company Egger Romania Revenue Shrinks 9% to EUR299M in 2020
Egger Romania, part of the Austrian supplier of wood-based material for furniture industry and interior decorations, construction and flooring Egger, posted about EUR299 million revenue in 2...
Kastamonu Romania Revenue Rises 7% to More Than EUR136M in 2020
Kastamonu Romania (formerly Prolemn), held by Turkey’s wood processing group Kastamonu Entegre, posted EUR136 million revenue in 2020, an increase of 7% year-on-year.
Kastamonu Romania Revenue Almost Flat in H1
Kastamonu Romania (formerly Prolemn), held by one of the leading wood processing businesses in Turkey Kastamonu Entegre, posted 290 million lei (some EUR60 million) revenue in the first half...
Kastamonu Invests EUR20M In Wood Processing Plant In Reghin
Kastamonu Romania (the former Prolemn) in Reghin (central Romania), held by one of Turkeys’ leading wood processing groups Kastamonu Entegre, has budgeted almost EUR20 million investments fo...
Hornbach Cuts Commercial Ties With Schweighofer
German-owned DIY retailer Hornbach is cutting commercial ties with Austria's Holzindustrie Schweighofer starting January, after the Forest Stewardship Council (FSC) placed the latter's certi...