Russia

Other Finnish forestry companies continue to operate in Russia

Except Stora Enso, the two other Finnish forestry giants have not announced any changes in their operations in Russia. Timber [...]

Stora Enso to stop all production and sales in Russia

Stora Enso today announced that they will stop all production and sales in Russia until further notice due to the [...]

Russian lumber exporters face struggles in supplying Europe due to sanctions

    Russian companies are suspending lumber supplies to European countries in search of new currencies for transactions [...]

War in Ukraine effects are still unclear for the Finnish forest industry

The Finnish forest industry had already prepared for export restrictions.    "The situation is very unclear," commented [...]

Constrained log supply could maintain price pressure in China

The price for logs in China has risen steadily this year on the back of anticipated increased demand after the [...]

Finland: forest technology manufacturer cancels orders to Russia due to sanctions

    Kesla, a manufacturer of forest machine technology, has canceled deliveries of approximately EUR 10 million from [...]

War in Ukraine: Supply of woodworking machinery from Germany into Russia to be reduced

Sanctions imposed by the European Union on Russia in connection with the military invasion in Ukraine have limited operations on [...]