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Companies in the timber industry / Daily News / Global Trends / Wood-based panels / Woodworking machinery / Europe
January 28, 2015

Hungary: Wood-based panel plant to be built by Swiss Krono Group

The Swiss Krono Group this spring will begin construction of a €95 mln wood-based panel plant in Vásárosnamény, in northeastern Hungary, with the aim of starting production of oriented strand board (OSB) from the following spring, board member of the company Max von Tippelskirch said yesterday, quoted by the Hungarian online journal Budapest Business Journal.        The investment is expected to create more than 100 jobs at the plant.    The company thanked the Hungarian authorities for expediting the process related to the investment and acknowledged ...

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