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Reducing prices compelled Finnforest Corp. to write in red ink

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Published in issue 9/2002
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Rising raw material costs and glut in sawn timber supply impaired results Last year, the development of results of Espoo/Finland-based Finnforest Corp. suffered under high raw material costs, a continually downward trend of prices, as well as under the lasting difficulties on the German market. Moreover, results were ...

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