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Olavi Räsänen Oy has sold its sawmill to ShelCo 108 Oy

Olavi Räsänen Oy has sold its sawmill to ShelCo 108 Oy on 4.8.2017. ShelCo 108 Oy is owned by Nior Holdings Ltd corporate group. All employees of sawmill continue to work for new owner, who intends to keep on sawmilling by the name Kieppi Sawmill Oy (under registration).

The annual capacity of Olavi Räsänen Oy sawmill has recently been about 65 000 m3 redwood timber, of which share of export has been about 80 %.

More information:

Olavi Räsänen Oy, Managing Director Mr. Kari Nikkanen, tel. +358 20 791 9714, kari.nikkanen@or-group.fi

ShleCo 108 Oy, Mr. Olli Turunen, +358 50 555 9811

08.08. 2017

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