Archives: June 2024

Timber industry calls for change of direction in European politics

The German Sawmill and Wood Industry Association, the Austrian Wood Industry Association and the Swiss Wood Industry are calling for [...]
June 6, 2024 Latest Trends

Steico’s final 2023 earnings drop 35%

Engineered wood product manufacturer Steico AG’s final 2023 results saw EBITDA dip by 34.9% to €57.7m (2022 [...]
June 6, 2024 Latest Trends

Czech Republic plans subsidies for forest owners

Czech forest managers will receive area subsidies similar to farmers. The Ministry of Agriculture is preparing a new system.  [...]
June 6, 2024 Latest Trends

Estonian wood sector in decline, wood prices expected to rise due fall in logging activities

The decline in turnover of Estonian loggers that lasted the whole of last year continued in the first quarter of [...]
June 5, 2024 Latest Trends

Surprising management changes at the Ziegler Group

The Ziegler Group is not at rest: At the end of September, Managing Director Andreas Sandner will be leaving the [...]
June 5, 2024 Latest Trends

European wood industry associations launch political manifesto

Following an extensive period of consultation with their members the European Confederation of the Woodworking Industries (CEI-Bois) and the [...]
June 5, 2024 Latest Trends

France: Clear falling trend in lumber prices

The first quarter lumber prices in France during Q1/2024 shows a clear downward trend both as compared with Q4 [...]
June 5, 2024 Latest Trends

Sales in the German sawmill industry fall sharply; log prices remain stable

Softwood log prices in Germany barely changed in May, despite difficult sales conditions for both construction timber and exports. Sales [...]
June 4, 2024 Latest Trends

China: Prices for log imports remain flat in May, hopes for revival of construction industry

May log import prices in China remained flat with very little market movement. Log inventory has started to reduce in [...]
June 4, 2024 Latest Trends

Stora Enso to revise 2024 profit forecast upwards

Nordic forest products giant Stora Enso has issued a more positive business and profits update. The company is now [...]
June 4, 2024 Latest Trends