Metsäliitto Group to sell Finnforest Romania to Austrian merchant chain
22 May 2006The Metsäliitto Wood Products Industry continues to focus on its corebusinesses. Following this strategy, Metsäliitto is to sell its entire sharecapital of the wood products trading company Finnforest Romania s.r.l to theAustrian merchant chain J.u.A. Frischeis Ges.m.b.H. Finnforest Corporation, which merged with Metsäliitto Cooperative in March2006, acquired Finnforest Romania s.r.l. in 1999 as part of the acquisition ofthe merchant chain Baillou Holzhandel, specialised in the sale of panelproducts in Central and Eastern Europe. While the business has expandedsteadily in