Ilim Timber falls well short of 2011 turnover target

The Russian timber-industry company Ilim Timber Industry, St. Petersburg, claims to have turned over US$670m in 2011, implying that the concern fell well short of its target revenues of US$800m set in April 2011. Ilim Timber produced 2.31m m³ of wood products in 2011, of which 2.03m m³ were accounted for by lumber ...

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