The group of investors who is planning to build a wood refining plant in Estonia by 2022 worth one billion euros is to start preparing for building the plant already at the start of 2017 and preparations might take up to three years.
Although there are large timber supplies in Estonia and the Baltic countries as a whole, at present most of pulpwood and wood chips are exported from Estonia without added value, Margus Kohava, board member of a holding enterprise set up by the investors, Est-For, said.
The investment is worth around one billion euros, which is the b...
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