Kronospan will challenge in the cassation cancellation of the decision on sale lands near Ufa

Company tries to oblige development Corporation Republic of Bashkortostan to sell a site for 134 million at market price of 673 million rubles "Kronoshpan Bashkortostan" submitted the cassation complaint on the December decision Eighteenth arbitration appeal court in claim companies to development Corporation Belarus. Dispute concerns sales land plot near Ufa. In February Federal arbitration court of Ural district in Yekaterinburg accepted complaint to production, consideration is appointed to March 14. Company addressed in Arbitration court of the Republic of Bashkortostan in May, 2021, investor asked to oblige development Corporation to sell to it the lands in...