Czech State Forests report fall in prices due to bark beetle calamity

In the first half of the year, the gross profit of the State Enterprise Forests of the Czech Republic decreased by 19 percent to 3.85 billion Czech crowns (158.85 million Euro). The reason for this was a 21 percent reduction in timber harvesting to 3.8 million cubic meters, which is related to the aftermath of the bark beetle calamity. "Eva Jouklová, a spokesperson for the enterprise, stated, "Forests of the Czech Republic are gradually returning to management that is not influenced by the calamity. This is evidenced by the lower volume of timber harvesting, and consequently ...