Tornator buys further 500 hectares of forest in Buzau
April 2011 - From the Print Edition
Forestry investor Tornator, which holds 12,000 hectares of forest in Romania, has bought a further 500 hectares in Buzau county, in the first major transaction involving forests this year, according to Ziarul Financiar. The Finns started buying forests on the Romanian market in 2008 and in just one year ended up holding 12,000 hectares. Tornator is one of the largest foreign forestry owners, alongside German investment fund Nordcapital and Austrian-held Holzindustrie Schweighofer.
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