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March 28, 2022

Croatia’s wood flooring producers hit hard by Russian sanctions

Croatian wood flooring manufacturers have become an unlikely victim in the sanctions most of the world has imposed on Russia following its invasion of neighbouring Ukraine last month.  The earthquakes triggered by the Russian invasion of Ukraine across global markets - primarily through supply chain disruptions, and then the prices of energy, food, various industrial raw materials and goods - aren't, of course, passing the wood sector. Croatian wood flooring manufacturers are far from immune.  In addition to an already quite complicated business environment, some new complications related to certain sectors are now beginning to arise almost ...

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