wood industry
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ZF English
No more investments for Schweighofer in Romania until after the crisis
Austrian businessman Gerald Schweighofer, owner of several wood processing plants in Romania, with turnover put at more than 250m euros this year, says he plans no further acquisitions on the domestic market, after taking over two companies in one year, one in...
ZF English
Egger: Best case scenario has sales reach pre-crisis levels
Austria's wood industry producer Egger, which owns a plant in Radauti (Suceava), says it currently exports 50% of production, despite initial plans putting exports at 60%.
ZF English
Wood industry: In 2009 there's a question of survival
Wood industry companies, which cumulated losses of above 40m euros last year, say there are no signs of recession fading out, with the bottom to be reached in the first quarter of 2010.