Holzindustrie Schweighofer, one of the leading players in theRomanian wood industry, estimates exports to Japan, its mainexternal market, will amount to around 100 million euros this year.The group has budgeted a 300 million-euro turnover for this year,up 36% on 2009. In 2010 the group bought 5,000 hectares of land inthe Bicaz area.
After two transactions sealed on the wood market in the last twoyears, in Siret (Suceava county) and Comanesti (Bacau county),Austrian businessman Gerald Schweighofer expects overall turnoverto reach 300 million euros this year, fuelled by the plants takenover. While the Comanesti plant will hire another 100, the Siretplant "has yet to match expectations," writes Business Constructmagazine (www.zf.ro/businessconstruct).
Austrian Gerald Schweighofer is considered "the king of wood",after investing 310 million euros in Romania, mainly in the woodprocessing industry, as well as in sectors such as agriculture,green energy, and hotels.
He started investments in the Romanian market ten years ago, but inthe current period of crisis he went public on several occasions,criticising the political instability and of the legislativechanges that brought losses to his renewable energy business.
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