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October 27, 2026

Kastamonu, Yıldız and Kronospan fined for coordinating bids at Turkish timber auctions

Kastamonu Entegre, Yıldız Entegre and Kronospan are among seven wood-panel producers fined for coordinating bids at state timber auctions in Turkey. The Competition Authority reported administrative penalties totalling approximately TRY 1.3 billion (€23.4 million) following its investigation into purchases of wood used to manufacture MDF and particleboard.

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