4. Consulting-Region autonomous non-profit organization (Moscow) acquired 51% of ordinary shares of Krasny Oktyabr timber-processing enterprise (Tyumen) from KomInvest CITY.

Consulting-Region acquired 51% of Krasny Oktyabr timber-processing enterprise.

Nov 24, 2004. /Lesprom Network/. Consulting-Region autonomous non-profit organization (Moscow) acquired 51% of ordinary shares of Krasny Oktyabr timber-processing enterprise (Tyumen) from KomInvest CITY. Krasny Oktyabr occupies a significant part of Tymeun regional furniture market and is capable of expanding production. The enterprise can provide full-scale timber-procession and is currently producing module furniture and semi-finished products.