Companies in the timber industry

Setra plans to ramp up production to meet strong demand in global markets

    Swedish sawmilling group Setra plans to fully ramp up production during the autumn in response to [...]

Raute received large order from LLC Plitwood in Russia

Raute Corporation has received orders worth approximately Euro 55 million from LLC Plitwood in Russia.    The [...]

European lumber exporters expanding sales outside Europe

European lumber exporters have expanded their sales overseas from 30% to 45% over the past ten years, with Asia receiving [...]

UPM to permanently close Kaipola mill in Finland

Employee consultations for UPM Communication Papers were concluded at the Jämsä River mills this week. The UPM Kaipola paper [...]

Covid-19 and damaged wood, two major challenges of the German sawmill industry

In the German economy, Corona has led to a severe slump. The gross domestic product (GDP) in the 2nd quarter [...]

Recovery of the European wood flooring market driven by renovation

The south of Europe which had experienced the toughest restriction measures during spring had been harshly hit but its parquet [...]

IKEA loses 1.5 billion euros due to coronavirus crisis

     IKEA announced retail sales of 35.2 billion euros in the financial year to September. That [...]

Sawmills in Sweden defy coronavirus crisis

Current situation of the Swedish forest industry     Swedish demand for sawn wood products has decreased by [...]

Homag to create a new business segment

The Homag  Group intensifies its activities in the new market segment Construction Elements Solutions by acquiring 80% of the shares [...]