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Borg Becomes the Largest Player in the Timber Trade Market
Summary by Kringvarp Føroya
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1 Articles
P/f Borg has made an agreement to buy Sandavágur Timburhandil. If the agreement is approved by the Competition Authority, Borg will be by far the largest company on the Faroese timber market. Last year Borg and Sandavágur Timburhandil had a total of 114 employees. By comparison, the largest competitor, Bygma Balslev, had 80 employees. Borg has grown a lot in recent years. In 2007, Højgaards Handilsvirki, Klaksvíkar Timburhandil and Klement Peter…
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