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News on Russian lumber, panel, construction, and biofuel industry.

Investors will invest more than 6.5 billion rubles in the development of the Komi Republic

January 21, 2019 ` 19:00  
Seven priority projects in the field of forest development with a total investment of more than 6.5 billion rubles are implemented in the Komi Republic. Some of them will be completed this year, as reported by “TASS”. According...

In the East Kazakhstan region it will increase the export of wood

January 20, 2019 ` 19:00  
In the East Kazakhstan region, it is planned to increase the export of wood products. The forest covers 3.5 million hectares in the region. However, 95% of the plantings are more than 40 years old. It is due...

In 2018, the volume of timber trading on the St. Petersburg international commodity exchange (SPIMEX) amounted to almost 1.4 million cubic meters

January 18, 2019 ` 14:00  
In 2018, the volume of timber trading at the St. Petersburg international commodity exchange (SPIMEX) amounted to 1.388 million m3. Of these, the section “Forest and building materials” sold round timber in the amount of 173,137 thousand m3...

At the plenary session of the Gaidar forum Dmitry Medvedev spoke about the problems of Russian business

Prime Minister Dmitry Medvedev at the plenary session of the Gaidar forum spoke about the problems of Russian business. This was reported by RIA “Novosti”. According to him, if Russia wants to make an economic breakthrough, it is...

European Bank for reconstruction and development is ready to Finance supplier projects for IKEA in Belarus

January 13, 2019 ` 14:00  
According to the Belarusian Telegraph Agency (BelTA), the European Bank for reconstruction and development (EBRD) is ready to Finance supplier projects for IKEA in Belarus, taking into account the company’s plans to place new production in the country....

At GC “Titan” new logging company earned

January 11, 2019 ` 19:00  
Group of companies “Titan” has created a new logging company in the town of Velsk (Velskiy region) Arkhangelsk region – JSC “Powerlines”. The estimated cutting area of the new enterprise is 201.8 thousand m3 per year, which is...

Three new woodworking industries will appear in Sverdlovsk region

January 11, 2019 ` 14:00  
Development Corporation of the Middle Urals have signed three agreements on a support of investment projects in the sphere of forestry – companies “Sibir”, “LPK “Bars” and with the company “Hua Thai hotel”, Russian representative of the Chinese...

In Russia, gasoline prices rose in early 2019

In Russia, after the new year holidays, the main result of the first trading day of the St. Petersburg international commodity exchange in 2019 was an increase in gasoline prices. Yesterday, January 9, the cost of gasoline rose...

During the New Year holidays in Russia, the Russian ruble has become stronger

As of January 09, the dollar fell below 67 rubles, and the euro fell below 77 rubles. At the same time, the cost of oil increased during the new year holidays. If last year the price per barrel...

In the Khabarovsk territory they will invest 110.6 million rubles in the construction of a new woodworking complex

December 27, 2018 ` 14:00  
JSC “Corporation for the development of the Far East” has decided to conclude an agreement with the company “Eastern trading company”, planning the implementation of the project to create a woodworking complex. The project worth 110.6 million rubles...

The Ministry of industry and trade has distributed quotas for the export of birch plywood timber for 2019

December 26, 2018 ` 15:28  
 On December 20, 2018, the Ministry of industry and trade distributed the volumes of export quotas for the export of birch plywood timbers outside the EAEU, according to order No. 5118 of 20.12.2018 “on the distribution of quotas...

Denis Manturov: “Аccording to our estimates, the chemical industry and the timber industry will feel the best, the mechanical engineering will feel a little worse”

In an interview with the Agency TASS Minister of industry and trade of the Russian Federation Denis Manturov on the question of whether to strengthen the ruble, said: “The government does not expect the strengthening of the ruble....