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Russia‘s Pitkyaranta pulp mill insolvent

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Published in issue 21/2013
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The financial situation of Russia’s JSC Pitkyaranta Pulp Mill has worsened. The arbitration court of the Karelian Republic initiated the insolvency procedure of the company which was already in the process of financial restructuring. According to Russian law, the insolvency procedure can last for a period of six ...

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