Daily updates on the state of the timber markets, delivered straight to your inbox.

January 20, 2021

HS Timber, Egger and Kronospan accused of organizing a wood cartel in Romania

The Austrian companies HS Timber Production (formerly Holzindustrie Schweighofer), Kronospan and Egger, all with activities on the Romanian wood market, were fined, along with other companies, for forming a cartel.  The highest sanctions target the local subsidiaries of Austrian groups Holzindustrie Schweighoffer (HS) - RON 51.7 mln (EUR 10.6 mln), Kronospan - RON 46.4 mln (EUR 9.5 mln), and Egger - RON 22.6 mln (EUR 4.64 mln). These three groups are also the biggest players in the local timber industry, which explains the high level of the fines against them, as competition fines are usually ...

Register for unlimited access

We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.

By registering you gain access to:

  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!

Checkout Options
All this for only 290 EURO/year!
Create Profile
password strength indicator
Billing Method
Billing Address
Checkout Now

Newsletter

Daily updates on the state of the timber markets, delivered straight to your inbox.