Tag Archives: Romanian paper industry

HS Timber sells its pellet distribution company in Austria

HS Timber Group GmbH announces the sale of PelletsOne GmbH to RWA Raiffeisen Ware Austria AG. The closing for the purchase was completed on 20 January, 2023 following approval by the relevant competition authority. The parties agreed not to disclose the contractual details. PelletsOne is a direct sales company for pellets in Austria, based in Wiener […]

Finnish and American paper packaging manufacturers eye acquisition of EU factories of Russian Segezha Group

A number of Finnish and American paper packaging manufacturers are interested in the acquisition of European assets of the Russian timber and paper holding Segezha Group That has been recently confirmed by company’s president Mikhail Shamolin. According to the top manager, several offers have already been received from potential buyers and the holding is considering […]

DS Smith Zărnești Paper Mill expands online monitoring system on PM1

Following the successful implementation of a major condition monitoring project’s first stage in the summer of 2021, Romanian paper mill DS Smith Paper Zărnești announced an expansion of the project. After the completion of two more project stages, the Intellinova Parallel EN online system will fully cover all rolls in the dryer section of the […]