Archives: 2022

EU to challenge Russian wood export restrictions at WTO

    The EU is requesting consultations with Russia at the World Trade Organization (WTO) concerning export restrictions [...]

Swedish Setra reports booming sales and profits for Q4/FY 2021

The Swedish wood products company Setra reported an operating profit of SEK 1.6 billion (€154 million) for 2021 - after [...]

Massive investment plans in the France’s wood industry

French President Emmanuel Macron has officially announced a "France 2030 Investment Plan" with a total investment of 30 billion euros [...]

Strike at UPM factories in Finland to be extended

As there seems to be no prospect of rapprochement between UPM and Paperiliitto, the union has announced an extension of [...]

Germany’s timber industry has positive market expectations for 2022

A survey of member companies of the German Timber Trade Federation (GD Holz) paints a rather positive picture of market [...]

Chinese timber import market faces a complicated 2022

    At the beginning of the new year, the Chinese timber industry is waiting for the market [...]

Rising roundwood prices in Finland

    Spruce logs prices in Finland reached an average of EUR 65.2 per cubic metre in [...]

HS Timber Group to reduce sawmill capacity in Romania by 30%

    Austrian wood-processing company HS Timber Group, formerly known as Holzindustrie Schweighofer, said it will reduce [...]

European wooden-construction sector is evolving rapidly

The European market for mass timber-based multi-storey buildings is growing at some 8% per year and is projected [...]

European wood flooring market grew significantly in 2021

The overall consumption figures on the European wood flooring for the year 2021 are significantly increasing by 5,8% compared [...]