Press releases (hu) HS Timber Group News Press releases
Acquired areas in connection with restitution
In relation to the forest purchase deal mentioned in some media outlets, Holzindustrie Schweighofer would like to inform: the company is always obeying the law, in respect with the local regulations and procedures – and has acted as a good faith buyer. Moreover, the purchase process went through a careful and detailed legal due diligence and a rigorous analysis, performed by international law companies, before completing the transaction.
The problems of the restitution processes in Romania are well known, involuntarily affecting different sectors of the national economy and companies alike