Western forestry companies sold 13 plants in Russia since beginning of war in Ukraine

The withdrawal of foreign companies from Russia in 2022 may lead to a shortage of certain timber products, which will gradually be covered by Russian-made products. However, the quality of products will be lower due to the cessation of supplies of Western consumables and components. Western companies began to talk about the sale of their Russian assets, immediately opposing Russia's invasion of Ukraine. The exodus from Russia was associated not only with political, but also with economic reasons. As a result of the sanctions, Russian factories that supplied products to Western markets found themselves without sales. And ...