Timber companies in Southeast Estonia are in a difficult situation

Due to the general economic downturn, the export volumes of timber companies in Southeast Estonia have decreased, and those companies that sell their products to Scandinavia are in a particularly difficult situation. Just like most Estonian timber companies, the company Hobbiton, which builds log houses near Räpina, has had to adapt to the decrease in export volumes. "There isn't as much demand from the Nordics anymore, the most important reason for that is the significant weakening of the local currencies in Norway and Sweden. All of our houses that we build in Norway and Sweden have ...