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AUSTRIAN COMPANY 'TILO' INVESTS IN PAKRAC WOOD PROCESSING INDUSTRY

PAKRAC WOOD PROCESSING INDUSTRY PAKRAC, Dec 28 (Hina) - Representatives of the "Papuk" wood-processing industry and the Austrian company of "Tilo" signed a letter of intent on business cooperation which would enable the reconstruction and development of "Papuk" and the opening of 70 new positions, in Pakrac, about 100 kilometres east of Zagreb on Tuesday. Owner of "Tilo" Franz Stocknecker stressed that his company would invest about ATS30 million in "Papuk" in the next three years.(Hina) it
PAKRAC, Dec 28 (Hina) - Representatives of the "Papuk" wood- processing industry and the Austrian company of "Tilo" signed a letter of intent on business cooperation which would enable the reconstruction and development of "Papuk" and the opening of 70 new positions, in Pakrac, about 100 kilometres east of Zagreb on Tuesday. Owner of "Tilo" Franz Stocknecker stressed that his company would invest about ATS30 million in "Papuk" in the next three years. (Hina) it

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