Botnia's subsidiary Svir Timber acquires two Russian timber harvesting companies
Oy Metsä-Botnia Ab's Russian subsidiary Svir Timber has acquired the Russian
timber harvesting companies ZAO Petrovles-Pasha and ZAO Petrovles-Podporozhie.
The acquisitions will strengthen wood raw material supplies for Svir Timber's
sawmill and lend support to Botnia's long-range strategy in Russia.
The timber harvesting companies are based in the Volkhovsky and Podporozhje
areas of Leningrad province. Together, the two companies employ around 140
Svir Timber's Vice President Mikhail Bagryantsev has been appointed President
of both companies.
For more information please contact Ilkka Hämälä, SVP, Supply Chain and
Production, tel. +358 50 598 8617.