The Czech state company Lesy České republiky (LČR) in the first three quarters of the year multiplied its gross profit year-on-year to 7.39 billion crowns (EUR 303 million) from last year's 2.9 billion crowns (EUR 119 million) . The main reason for the increase in profit was the increase in wood prices. Sales of LČR increased by 34 percent to 14.5 billion crowns (EUR 596 million) from 10.8 billion crowns (EUR 444 million) a year ago, said company spokesperson Eva Jouklová. Forests of the Czech Republic manage almost half of the forests ...
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