Klausner to sell sawmills to Russian rivals, reports say

Struggling wood-processing firm Klausner is considering selling off its factories in Germany to a Russian rival, according to reports.Austrian newspapers report today (Weds) that the Tyrolean company, which is headquartered in Oberndorf, received an offer of 12 million Euros for its two sawmills in Landsberg am Lech and Wismar from competitor Ilim Timber Industry.Company bosses have yet to comment on the reports.