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Restructuring expenses burden Rusforest result

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Published in issue 26/2012
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In spite of a sharp rise in turnover of 39% to SKR122.7m (88.2m) in the first quarter of 2012, the timber concern RusForest AB, with headquarters in Stockholm, Sweden, suffered an operating loss of SKR106.8m. The negative result was mainly blamed on restructuring expenses and higher transport costs. The first quarter ...

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