HS Timber Group to reduce production capacities in Romania

HS Timber Group, formerly known as the Holzindustrie Schweighofer, announces that the production capacities of posts and beams (glulam products for house construction in Asia) at the Rădăuți/Romania site is expected to be reduced by one third starting 1 April 2023. The production capacity reduction will affect up to 160 employees at the Rădăuți site.The company is endeavouring to offer many of them continued employment within the Romanian group. In the other cases, efforts are being made to keep the social impact as low as possible. Already in January 2022 ...