Moelven Norsälven AB to be discontinued
The Board of Moelven Norsälven AB has today decided to close down the sawmill. This is because investment needs in the plant are extensive and will not result in the necessary profitability.The Chairman of the company, Managing Director Anders Lindh of the Moelven division Timber, says that even with significant investments, it is not possible to achieve a forward-looking and profitable plant.“It is with a heavy heart we close down a business, and it’s a difficult time for the employees at the company. Unfortunately, Moelven Norsälven currently has a very low technical status and requires