Keyword: Russia

Stora Enso completes exit from Russia

Finland's Stora Enso has divested the last of its Russian operations, three corrugated packaging plants, to local management, the [...]

Stora Enso’s CEO: Company’s plants will continue to be located in the Nordic region

The majority of Stora Enso's mills will continue to be located close to raw materials, ie in the Nordic [...]

Japan’s lumber industry under pressure due to ban on Russian wood

    The global lumber industry has been through a tumultuous period over the past year or so [...]

Mondi Group to sell its Russian assets

The board of Mondi Group announced its decision to divest the group’s Russian assets. According to the group, as [...]

Russian factories continue to produce IKEA’s furniture under their own brands

  Once IKEA left Russia, the local furniture factories continued to produce IKEA’s furniture under their own brands [...]

Russian timber companies ask for state support due to sanctions

Russian business associations "Opora Rossii" and "Business Russia" sent a set of proposals to Deputy Prime Minister Victoria Abramchenko on [...]

Swedish sawmill industry not much affected by the sanctions against Russia

    Competition for wood products becomes tougher when European buyers, who have previously imported from Russia, and [...]

Russian imported plywood will be ‘hard to replace,’ says US hardwoods group

    As of April 8, the U.S. has suspended normal trade relations with Russia and Belarus [...]

Stora Enso sells its sawmills and forest operations in Russia

    Stora Enso has entered into an agreement to divest its two sawmills in Russia. The Company [...]