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Eastern European Markets
NEWS RELEASE
November 06, 2006

Metsäliitto has sold its forest holdings in Latvia

Metsäliitto has sold its forest holdings in Latvia totalling some 4,800 hectares to the Swedish forestry group Södra.

”The sale of our forest holdings in Latvia is a part of the Group’s focus on its core business. This can be seen as a natural continuation of the sale of our Estonian forest holdings implemented in June this year,” says Heikki Karhunen, Director, Wood Supply, the Baltic countries.

With the sale of the Baltic forest holdings, Metsäliitto continues focusing on its core business.

For further information
Heikki Karhunen, Director, the Baltic countries, Metsäliitto Cooperative, tel. +358 10 469 4254 or GSM +358 50 59 889 50
Ilari Pirttilä, Communications Manager, Wood Supply, Metsäliitto Cooperative, tel. +358 10 469 4684 or GSM +358 50 59 899 20

www.metsaliitto.com


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