Moelven lays off 70 employees due to low demand in the construction market
Moelven Byggmodul AB, facing continued weakness in the construction market, has announced the layoff of 70 employees from its Swedish [...]
January 22, 2025
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Ziegler Group sells first subsidiary
The insolvent Ziegler Group has signed its first sales agreement with an investor. The insulation subsidiary, Naturheld, is being acquired [...]
January 21, 2025
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Estonian timber sector faces price increases in 2025 as raw material supply becomes limited
Economic recovery in Europe, including demand for materials, is expected to gradually take hold. The fallen Euribor is expected to [...]
January 21, 2025
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US lumber prices hit eight-week highs as demand rises
US lumber prices remained above $590 per thousand board feet in January, hovering at eight-week highs as robust demand [...]
January 21, 2025
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San Group’s Port Alberni sawmills and manufacturing plant to be sold under court order
Most of San Group’s assets, including its sawmills and manufacturing plant in Port Alberni, will be sold to repay [...]
January 21, 2025
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Koskisen’s sawmill investments expected to pay off, on global construction recovery
Koskisen, the Finnish wood processing company, is facing a cyclical downturn despite its recent investments, particularly in the sawmill business [...]
January 19, 2025
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Nordic softwood lumber production faces continued pressures, gradual recovery expected in 2025
Softwood lumber production in the Nordic region has continued its downward trajectory in 2024. Sweden and Finland, responsible for a [...]
January 17, 2025
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Austria: Strong demand for softwood sawlogs, prices on the rise in January
Despite the sluggish economy and slow lumber sales, demand for softwood sawlogs in Austria remains robust. Sawmills are fully prepared [...]
January 17, 2025
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Canadian sawmills brace for Trump’s threatened tariffs
Canadian sawmills are warning of price hikes for U.S. customers as President-elect Donald Trump threatens to impose a [...]
January 17, 2025
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Euroconstruct: European construction – anticipated modest upturn in 2025
According to Euroconstruct, the European building sector will return to growth in 2025 although the improvement will be modest. At [...]
January 17, 2025
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