Romsilva Reports Higher-Than-Expected Turnover In First 9 Months, Of RON1.15B

10.29.2013 By Ecaterina Craciun

Romania’s national forest administrator Romsilva registered turnover of 1.15 billion lei (EUR0.25 billion) in January-September 2013, up 30% from initial estimates, and four-fold higher pretax profit of RON120 million, mainly due to an increase in the average price of lumber.

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