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June 19, 2018

Hasslacher Group invests EUR 20 million in boosting sawmill capacity in Russia

  On the occasion of the state visit of Russian President Putin to Vienna on 5 June, Christoph Kulterer, CEO of the Hasslacher Group, signed with Andreij Nikitin as governor of the Novgorod region the letter of intent to implement a priority investment project in Russia.  The Hasslacher Group therefore intends to invest around 1.5 billion rubles (EUR 20 million) in the expansion of the sawmill and production sites at its Russian subsidiary HASSLACHERLES OOO in Malaya Vishera.  In addition to its activities in the forestry and roundwood sectors, HASSLACHERLES OOO operates the production ...

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