RusForest sells pellet mill
11 August 2014RusForest has sold a disused wood pellet mill in Sweden it acquired three years ago as part of a SKR78m deal for a group of clean energy companies.
The Ystad Pellets mill in Ystad, Sweden, has remained idle and is being sold to an un-named buyer for SKR600,000, although full payment is contingent on the buyer being able to renew key contracts with local port authorities.
RusForest, the Swedish forestry company with operations in Russia, said the mill was a non-core asset.
