Timber industry research & analytics News 
WhatWood agency is the only Russian consulting company with core specialization in the timber industry analytics. Within five years of timber market research we have provided services to 130 clients in 15 countries from Finland to Canada, from UK to Korea: industrial companies, banks, investors, government agencies, scientific organizations, and individual entrepreneurs. We have unique contact and knowledge base, as well as deep understanding of the regional industry and market in Russia. We give presentations at major industry events and are cited by the main Russian business media. To get in touch with us, please visit the About Us page. You can also browse the catalogue of our products.
In January-April 2023, Russian sawn timber production decreased by 11,2%
June 1, 2023 ` 15:16
Production of Russian sawn timber in January-April 2023 decreased by 11.2% YoY to 9.2 million m³, according to Rosstat. Production in April 2023 also decreased: – 9,1% YoY (-5,5 MoM). 
Russian plywood production decreased in April 2023
June 1, 2023 ` 15:03
According to Rosstat, in April 2023 the production of plywood in Russia decreased by 9% YoY (-3.4% MoM). In January-April 2023 a total of 1.019 million m³ of plywood was produced in the country, which is 24.1% less... 
Sveza to invest about 400 million rubles in the modernization of its production facility in the Perm region in 2023
May 30, 2023 ` 18:08
As follows from a press release of the company, Sveza will invest 400 million rubles to modernize its plant in the village of Uralsky in 2023. The funds will be used to enhance the environmental safety, to comprehensively... 
The output of furniture in Russia decreased by 10% in January-February 2023
May 30, 2023 ` 18:03
As Kommersant reports, with reference to the data of the Association of Furniture and Woodworking Enterprises of Russia, the output of Russian furniture decreased by 10% YoY and totaled 7.9 million pieces in January-February 2023. As the Association... 
After three months of decline, the output of plywood in Russia grows for the second month in a row
May 26, 2023 ` 12:44
Russian plywood mills reduced their outputs by 28.6% YoY to 738,000 m³ in Q1 2023, as follows from the published data of Rosstat. The output of plywood also declined significantly in March 2023 compared to the same period... 
A serious shortage of resin for the production of plywood arose in Russia
May 26, 2023 ` 12:40
Kommersant, a daily newspaper, reports that some Russian plywood producers may cease operations or significantly raise prices for their products. The newspaper explains that the situation was caused by the shortage of a key component for the production... 
The IKEA plant in the town of Veliky Novgorod was renamed into Extravert LLC
May 26, 2023 ` 12:37
As follows from the extract from the Unified State Register of Legal Entities, the new owners of the IKEA plant in the town of Veliky Novgorod changed the legal name of the enterprise from Ikea Industry Novgorod LLC... 
VLP Group acquired Hasslacherles
May 25, 2023 ` 17:57
Group Vologodskiye Lesopromyshlenniki has closed the deal to acquire Hasslacherles LLC, as reports the press office of the company located in the town of Vologda. The enterprise is located in the Novgorod region and is engaged in the... 
IG Bazalt acquired Sortavala Sawmill and Zapkarelles
May 25, 2023 ` 17:52
Investment Group Bazalt, which owns a pulp mill in the town of Pitkyaranta (RK-Grand LLC), closed a deal to acquire two assets in Karelia – Sortavala Sawmill LLC (a sawn timber enterprise) and Zapkarelles JSC (a timber harvesting... 
Segezha Group announces financial and operating results for Q1 2023
May 25, 2023 ` 16:01
The Group’s revenue for Q1 2023 grew by 10% QoQ to RUB 18.7 billon primarily due to weakening of the rouble to the main foreign currencies rates: -17% for USD, -21% for CNY. The share of export revenue... 
Production of toilet paper reached a historic high in Russia in 2022
May 3, 2023 ` 19:43
Toilet paper production reached a historic high in Russia, says the Rossiyskaya Gazeta newspaper referencing data from Roslesinforg. The toilet paper output increased by 21.1% YoY in 2022, up to 6.986 billion rolls. 
Segezha Group sold its European assets that produce paper packaging
May 3, 2023 ` 19:06
Segezha Group closed the deal on selling Segezha Packaging, the enterprise that produces paper packaging in Europe, Mikhail Shamolin, President, told journalists on March 31, 2023. The transaction amount is not disclosed. Segezha Packaging includes seven plants producing... About WhatWood project
WhatWood agency is the only Russian consulting company with core specialization in the timber industry analytics. Within five years of timber market research we have provided services to 130 clients in 15 countries from Finland to Canada, from UK to Korea: industrial companies, banks, investors, government agencies, scientific organizations, and individual entrepreneurs. We have unique contact and knowledge base, as well as deep understanding of the regional industry and market in Russia. We give presentations at major industry events and are cited by the main Russian business media. To get in touch with us, please visit the About Us page. You can also browse the catalogue of our products.
