Ponsse sells its subsidiary in Russia

Industry News

Ponsse Plc has sold all shares in OOO Ponsse, its subsidiary that provided PONSSE services in Russia and Belarus to OOO Bison, owned by Aleksey Voronkevich, whose company Dormashimport has been responsible for the retail of PONSSE forest machines in the eastern parts of Russia since 2007. The companies will not disclose the price of the transaction….

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Construction employment increases by 32,000 in July
Stella-Jones Sees Residential Lumber Sales Stabilizing, Infrastructure Business Growing
Stock market news live updates: Stocks slip as Micron warns, chipmakers fall
Lumber futures are down 62% amid a ‘Great Reset’—here’s when DIYers can expect the best deals
Will decreasing lumber prices impact Arizona real estate?