Austrian wood-processing company HS Timber Group, formerly known as Holzindustrie Schweighofer, said it will reduce its timber cutting capacity in Romania's Suceava by a third at the end of the first quarter of the year due to difficult general conditions.  According to the announcement, parts of the operations in Rădăuți, specifically the sawmilling operations, will cease. However, the production of posts and beams at the site will remain in operation. The panel plant in Siret, which processes sawn timber from the Rădăuți mill, will be closed down in ...