Koskisen to sell sawmill operations in Russia
Koskisen’s wood processing company has sold its sawmill operations located in Russia to Cherepovetsles. Koskisen [...]
July 12, 2022
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / Europe / Russia
Russian timber exporters seek new markets in Middle East and Asia
The Russian Ministry of Industry and Trade recently told local media that the Middle East, Asia [...]
July 11, 2022
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Asia & Middle East / Russia
Will the production of wood pellets be stopped in Russia due to sanctions?
Starting July 10, the Russian wood pellet exports to Europe will be completely stopped. From this [...]
July 7, 2022
Latest Trends / Market Analysis / ...Wood Energy / Europe / Russia
Because of sanctions against Russia, firewood is becoming a new energy source for European countries
The surge in gas and electricity prices has sparked interest in Europe for a long-forgotten [...]
July 7, 2022
Latest Trends / Market Analysis / ...Forestry / Europe / Russia
Acquisition of Russia’s RFP Group by Japanese holding unclear
Iida Group Holdings acquired a 75% stake in Russian lumber producer RFP Group for 60 billion yen ($525 million) at [...]
July 3, 2022
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / Asia & Middle East / Russia
Russia reduces production of wood pellets by 10% due to lack of export markets
At the end of 2021, about 2.5 million tons of wood fuel pellets were produced in Russia. However, in [...]
July 1, 2022
Latest Trends / Market Analysis / ...Wood Energy / Russia
Russian sawmills hit hard by sanctions
Already in May 2022, Russian sawmilling companies were able to largely feel the impact of sanctions [...]
June 24, 2022
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Europe / Russia
Plywood plants of Russian Sveza work at 20-40% of capacity
Aleksey Mordashov, head of the board of directors of Severstal, which also owns the leading Russian birch plywood producer Sveza [...]
June 22, 2022
Latest Trends / Market Analysis / ...Wood-based Panels / Russia
IKEA to sell its four plants in Russia
The Swedish retailer IKEA plans to sell its plants in Russia. The [...]
June 21, 2022
Companies in the timber industry / Latest Trends / ...Wood Furniture / Europe / Russia
Russian timber industry is looking for ways to export through Belarus and Turkey
Russian lumber companies, forced to halt exports to the EU due to sanctions, doubled supplies to China and Kazakhstan in [...]
June 20, 2022
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Europe / Russia
