Canfor Corporation recently reported first quarter 2018 results. The Company reported operating...
Estonian government confirms €1BN pulp mill investment
The Estonian government has decided to pursue the controversial investment to build a pulp mill on the shore of the Emajõgi River in Estonia’s southern part despite complaints by local residents and the municipal authorities.
The Estonian "government deemed it right to continue with the next round of studies, which is how we'll get answers and then there are also arguments whether or not to continue with the planning process," Jakob Aab, Estonia’s Minister of Public Administration, told local broadcaster ERR.
The project is estimated to be worth about €1 billion, and it is devel-oped by Est-For Invest.