Koskisen sells its Russian production facility

Koskisen, press release on 22 June 2022 at 10:00 a.m.

Koskisen’s wood processing company has sold its sawing operations located in Russia to Cherepovetsles. Koskisen’s Russian operations were discontinued as planned previously.

The Russian business operations made up a small share of Koskisen’s net sales, and the financial impacts of the sale of the operations on the company are minor.

Additional information:
Jukka Pahta

Koskisen is a more than a century old international wood processing expert known for its agility and ability to listen to the customer. We utilise our valuable wood raw material as thoroughly as possible, down to the last particle of sawdust. At the same time, we are carrying out the best carbon narrative: We manufacture high-quality sawn timber and panel products that store carbon for decades. The Group’s turnover in 2021 was EUR 311 million. Read more: koskisen.fi.