Aug 19, 2005. /Lesprom Network/. Fincell acquired 19.57% of Ust-Ilimsky saw and timber-processing enterprise (owned by Ilim Pulp, Irkutsk region, Russia) from the North-East investment bank, according to a statement released by Ust-Ilimsky. The stake of Ust-Ilimsky owned by the North-East investment bank reduced to 16.31%. Ust-Ilimsky produces softwood sawn timber (GOST 26002 for export, GOST 8486 for the interior market), as well as building semi-finished products, furniture parts and joiner's goods, as well as wooden chips. The project capacity of the mill is 1 370 000 thousand cub m of timber/yr, including 650 thousand cub m of dry sawn timber and 500 thousand cub m of chips. In 2004 the enterprise produced 440 thousand cub m of sawn timber and 360 thousand cub m of wooden chips. In 1st six months 2005 net loss by Ust-Ilimsky reached RUR 55.75 million, earnings – RUR 756.82 million, gross loss – RUR 4.18 million.