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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Holzindustrie Schweighofer cuts by 30% production of Romanian wood panels factory

Austrian group Holzindustrie Schweighofer decided to reduce by 30% the cutting (hence timber processing) capacity in Romania, effective the end of March.

The panel plant in Siret, which processes sawn timber from the Rădăuți mill, will be closed down entirely, along with parts of the plant in Rădăuți - the sawmill.

Among other reasons, the company invoked the restrictive conditions on the Romanian raw material market, the export ban in Ukraine and Russia, and lack of modern railway infrastructure. Larger investments required at the factory site are not economically feasible under the current framework conditions, the company concluded.

Roughly 600 employees will be affected by the restructuring.

In Romania, HS Timber Group GmbH continues to operate two sawmills and one blockboard factory at other locations, employing about 2,400 people. These factories are not affected by the restructuring and will be further strengthened.

andrei@romania-insider.com

(Photo source: Facebook/HS Timber Group)

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Holzindustrie Schweighofer cuts by 30% production of Romanian wood panels factory

Austrian group Holzindustrie Schweighofer decided to reduce by 30% the cutting (hence timber processing) capacity in Romania, effective the end of March.

The panel plant in Siret, which processes sawn timber from the Rădăuți mill, will be closed down entirely, along with parts of the plant in Rădăuți - the sawmill.

Among other reasons, the company invoked the restrictive conditions on the Romanian raw material market, the export ban in Ukraine and Russia, and lack of modern railway infrastructure. Larger investments required at the factory site are not economically feasible under the current framework conditions, the company concluded.

Roughly 600 employees will be affected by the restructuring.

In Romania, HS Timber Group GmbH continues to operate two sawmills and one blockboard factory at other locations, employing about 2,400 people. These factories are not affected by the restructuring and will be further strengthened.

andrei@romania-insider.com

(Photo source: Facebook/HS Timber Group)

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