Bergs Timber decided to close the sawmill in Estonia that is operated in the subsidiary Laesti. The background is weak profitability, high production costs and large future investment needs. A strategic review has been carried out during the spring to clarify the conditions for continued profitable operation where various options for the future of the unit have been evaluated. The sawmill, located 3 km off the E67 Pärnu-Tallinn highway, produces about 80,000 m3 of pine and spruce lumber. A balanced assessment of the challenges facing the business, covering production costs, raw material supply, market potential, investment ...
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