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Investments of US$705m in Russia’s timber industry

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Published in issue 48/2004
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During the nine months to end-September 2004 foreign investments into the Russian timber and paper industry totalled at US$705m. According to the Russian newsletter Lesprom in Moscow, Swiss companies accounted for a share of US$196m in these investments, while US$173m distributed to Cypriot investors. Some of the ...

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