ROMANIA SAWMILL
September 1st, 2003
BY KEITH NUTHALLTHE EUROPEAN Investment Bank has drawn up plans to lend Austria's SPB Industrieholding GmbH Euro 35 million to help it build a 800,000 m³ round wood saw lag capacity sawmill at Sebes in Transylvania's Alba Iulia District, Romania. The plant would produce around 470,000 m³ a year of sawn timber, mainly for construction purposes. A bank memorandum said its computer-based operations would boost "management know-how" in Romania's timber sector. Rejected wood, sawdust, chippings and shavings would be sold, limiting the mill's environmental ...
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