Kronospan is an Austrian-founded, Cyprus-based, international company that manufactures and distributes wood-based panels which are used in applications including flooring, furniture and timber-framed houses. The company manufactures particleboard, medium-density fibreboard, laminate flooring, resins for wood-based panels and oriented strand board. It also produces melamine-faced panels, post-formed worktops, wall panels, lacquered HDF and others and speciality and decorative paper. Findings in 2019 by Austria's federal administrative court show that Kronospan consists of multiple companies, which were centered around the Kronospan Technical Holdings Limited, based in Cyprus. The Cypriot firm, which has been renamed since, belongs to a company on the Isle of Man, which again is owned by a foundation in Liechtenstein. More information...
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