WIS Holding inaugurates sawmill

Energy Trade

Hungary-based real estate developer WIS Holding inaugurated a sawmill supported with a HUF 981 mln state and European Union grant in Miskolc on Friday, Hungarian news agency MTI reported. 

The sawmill is expected to be operated by a staff of 25 working a single shift to process approximately 14,000 cubic meters of wood in the following year. Annual output is expected to exceed 40,000 cubic meters by 2016, when a second shift is to be added, with headcount rising to 50-60.

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