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Tag: investments

Russian timber industry news #16-2016

18 September 2016 ` 21:58  
- Segezha Group may engage in the production of CLT panels, said the President of the company Sergey Pomelov in an interview with Vedomosti business paper. The group also plans to increase production volumes and reduce costs at...

St. Petersburg International Economic Forum: Review of investment agreements and key ideas

At the St. Petersburg International Economic Forum, held on June 16-18, businessmen and regional officials discussed a number of timber projects. - Segezha Group may build a plywood mill in the Vologda region - The group will also...

Russian timber industry news #10-2016

3 June 2016 ` 15:53  
- The Russian market of laminate flooring in 2016 will remain on the last year’s level. According to the experts of Kastamonu, the total consumption of laminate flooring in 2016 will be about 80 million m2. “The stagnation...

Russian timber industry news #7/8-2016

11 May 2016 ` 22:44  
- Ilim Group has announced the investment of $2 billion in development of its production facilities in the next five years. The company plans to increase annual output by 500 thousand tonnes during this time. - Chinese Hubei...

Russian timber industry news #6-2016

7 April 2016 ` 18:27  
- Lesozavod 25 (Sawmill 25, Arkhangelsk region) is investing RUR 4.8 billion in the modernization of Arkhangelsk LDK-3 sawmill acquired in late 2014 from Rusforest. The project will be implemented until 2018 in two phases. The first one...

Russian timber industry news #2-2016

10 February 2016 ` 16:40  
- At the end of December 2015, Plitspichprom activated the contract with Siempelkamp, which was concluded in 2014, for the supply of a complete particleboard plant including a Generation 8 ContiRoll press. - The Federal Antimonopoly Service of...

Global timber market review #2-2016

10 February 2016 ` 16:36  
- In 2014, the DIY/home improvement world market turnover reached €424.85 bn. According to Fordaq quoting a report from the European Federation of DIY manufacturers (Fediyma), North America, with €269.6 bn, represents more than 63% of the world...

Russian timber industry news #21-2015

27 November 2015 ` 18:20  
- RusForest announced preliminary Q3 2015 production and sales results. Sales to the Japanese market grew, and prices increased slightly, however, overall sales volumes of both sawnwood and sawlogs decreased due to sustained unfavorable market conditions in the...

Mostovdrev looking for investors for furniture production

26 November 2014 ` 05:54  
Mostovdrev JSC (Belarus) is looking for an investor for the development of furniture production, said the General Director of the company Sergey Ososov. The company has completed the implementation of the investment project of MDF/HDF mill and has...

Russian government tightened conditions for obtaining priority investment project status

12 September 2014 ` 15:17  
The Russian government has made changes in the rules of granting subsidies to the forest-based enterprises for implementation of investment projects. The corresponding regulation #862 dated 27 August 2014 was published on the official website. Experts draw attention...

Foreign investments into fixed capital of Russian timber companies reduce

29 July 2014 ` 14:33  
Investments from abroad into the Russian forest-based industries are reducing, as the analytic service of WhatWood agency reported. In particular, the volume of foreign investments into the woodworking sector in the first quarter of 2014 fell by 42%...

WhatWood’s annual review: In 2013, Russian timber industry found its growth points

The last year has not brought any fundamentally new trends to the forest industry of Russia: companies tried to reduce the high cost of log procurement and production, also looking for new points of growth. Eventually export demand...