Austria: Wood prices have fallen sharply this year
After price records in the pandemic years 2020/2021, the sales markets for wood in Austria have literally collapsed in [...]
August 8, 2023
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Homag Group reports fall in order intake in H1/2023
Following the very strong previous years, the Homag Group’s order intake declined in the first half of 2023. The [...]
August 8, 2023
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Sinclar to permanently curtail its operations Nechako Lumber Co. in Canada
Sinclar Group Forest Products Ltd. is curtailing its lumber operations at Nechako Lumber Co. in Vanderhoof, Canada, as a result [...]
August 8, 2023
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Polish wood industry in crisis, urges government support
The wood industry in Poland is facing an unprecedented crisis, prompting entrepreneurs operating in the sector to issue an "Open [...]
August 4, 2023
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Vida’s CEO appointed President of Canfor Europe
Måns Johansson has been Vida's CEO since 2019 and before that was sales manager for the group. Now [...]
August 4, 2023
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Logging restrictions and falling demand cause falling log prices in Latvia
The decline in construction volumes has significantly reduced the need for construction materials in the Baltic Sea region, and as [...]
August 4, 2023
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Södra posts lower result due to deteriorating market conditions
Swedish group Södra posted a lower result for the second quarter of 2023. The report reflects the deteriorating market [...]
August 4, 2023
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Subdued outlook for revenue and earnings development of the Egger Group
Egger Group closes financial year with revenue of EUR 4.45 billion in an extremely volatile environment. Overall economic downturn [...]
August 4, 2023
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Log prices start to rise in China as supply tightens
Log prices are increasing in China as log demand remains steady and buyers react to tightening supplies. Inventory of [...]
August 3, 2023
European housing cools down – wood prices fall
Fewer homes will be completed in Europe by 2025. In Germany, a decline of 32% is to be expected. [...]
August 3, 2023
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