Schweighofer sells all Romanian forests assets

Schweighofer sells all Romanian forests assets
    Holzindustrie Schweighofer decided to sell its wholly-owned subsidiary Cascade Empire s.r.l. (Cascade Empire) as well as its forest management unit Ocol Silvic Cascade Empire s.r.l. to the Swedish company GreenGold Group.    One of Europe’s leading wood processing companies will quit its Romanian forest investments, but no further information on the purchase price of contract details have been released yet.    The forest areas owned by Cascade Empire reach 14,283 hectares located in the Romanian regions of Hunedoara, Gorj, Valcea, Prahova, Buzau, Neamt ...

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