The presentation of the first timber exchange in eastern Russia took place in Irkutsk
The presentation of the first timber exchange in the east of Russia took place today in Irkutsk. Its founders were the Union of timber merchants, timber exporters of the region and a number of enterprises of various forms of ownership. According to Vyacheslav Samsonov, the stock exchange's president, "pilot" auctions have already taken place, and from January 1, 2007, it will work permanently on the basis of a network of almost 40 timber terminals created in the region.