Timber industry research & analytics Furniture 
Russian Timber Journal 07-2023: interview with Segezha Group President Mikhail Shamolin after the announcement of the company’s financial and operating results for Q2 2023; Russian timber industry in 1H 2023: cautious signs of recovery; Mondi announces agreement to sell Mondi Syktyvkar; transaction on International Paper stake buyout by Russian shareholders is closed; Cherepovets Plywood and Furniture Plant and VLP Group have completed a major investment project on building a plywood mill in the Vologda region; Association of Furniture and Woodworking Enterprises of Russia: in H1 2023, the Russian furniture output increased; President of the Russian Federation instructed to accelerate the issuance of documents for building multi-story wooden houses
September 28, 2023 ` 18:39
Russian Timber Journal 07-2023: Mikhail Shamolin, President at Segezha Group: “The price levels we have now reached reflect the current global situation”; Russian timber industry in 1H 2023: cautious signs of recovery; Mondi announces that it has entered into an...
Association of Furniture and Woodworking Enterprises of Russia: the growth of melamine prices is now under control
August 30, 2023 ` 16:42
On July 6, an inter-agency meeting was held the Ministry of Industry and Trade, initiated by the Association of Furniture and Woodworking Enterprises of Russia and attended by the Department of Light Industry and Forestry Complex, as well...
Ormatek will start producing furniture and mattresses in the Rostov Region
August 28, 2023 ` 16:53
Ormatek, a company producing and selling sleeping goods, is planning to start making mattresses and furniture in the Rostov Region by the fall of 2023, as was announced at the Innoprom Forum in Yekaterinburg. According to the Investment...
Almost every fifth Russian saves money for furniture after buying real estate
August 24, 2023 ` 17:24
According to a study by Yandex.Realty, buying an apartment forces 32% of respondents to start saving money primarily for renovation, 29% begin to think about traveling, and 18% of the surveyed start saving for furniture. For this reason,...
Federation Council suggested introducing prohibitive duties on furniture and paper from unfriendly countries
August 17, 2023 ` 16:29
The Federation Council suggests that the Cabinet of Ministers introduce prohibitive import duties on several types of furniture, paper, and packaging from unfriendly countries, says a draft resolution of the Council on Forest Sector Development Issues of the...
Russian Timber Journal 06-2023: interview with Vitaly Demidenko, Sales Director at Sveza; in 2022, Russian timber harvesting volumes dropped to the lowest level in the last 9 years; Russian timber exporters were able to reimburse up to 80% of their costs of product transportation via sea ports in the Northwestern Federal District; Federation Council suggested introducing prohibitive duties on furniture and paper from unfriendly countries; Essity has exited the Russian market; Luzales plans to open new plywood plant in the Omsk region; Russian plywood output increased in June 2023
August 16, 2023 ` 15:53
Russian Timber Journal 06-2023: Vitaly Demidenko, Sales Director at Sveza: “The period when the demand for birch plywood surpassed the supply in the available markets is over. The approach to sales changed too.”; According to the Rosleskhoz, in 2022, the...
Russian Timber Journal 05-2023: interview with Andrey Yudin, Logistics Director of Segezha Group; regional authorities ask to support the Russian timber enterprises due to the persisting tense situation in the industry; the Government of the Russian Federation extended the list of checkpoints along the land border with Kazakhstan authorised to process exports of timber products; Ilim Group became the largest timber harvesting enterprise in Russia in 2022; VLP Group to invest 2.6 billion rubles in Hasslacherles’ former enterprise; Segezha Group sold its European paper packaging enterprises for €100 million; L-PACK to invest over 10 billion rubles to build a corrugated cardboard plant in the Moscow region
July 7, 2023 ` 12:59
Russian Timber Journal 05-2023: Andrey Yudin, Logistics Director of Segezha Group: “We are witnessing a serious imbalance between the freight traffic flows and the availability of transport means”; the Arkhangelsk Regional Assembly of Deputies (AOSD) held an expanded meeting of...
Pervaya Mebelnaya Fabrika to open a furniture factory in St. Petersburg worth 1.1 billion rubles
July 5, 2023 ` 15:28
As Kommersant Newspaper reports, Pervaya Mebelnaya Fabrika CJSC will build a production site to design and produce innovative furniture products in St. Petersburg. At the first stage of the project, the company is going to start producing interior,...
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...
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...
Slotex closed the deal on purchasing Ikea Industry Novgorod
May 2, 2023 ` 17:43
Invest Plus LLC closed the deal on purchasing IKEA’s largest production asset in Russia — Ikea Industry Novgorod, as reported by the Agency for Communication Strategies. The beneficiary owner of Invest Plus LLC is Vadim Osipov, Director General...
President of the Russian Federation suggested including the spending on windows, doors, and built-in furniture in amounts covered by mortgage loans for new homes
April 12, 2023 ` 20:19
The President of the Russian Federation instructed the Government, together with DOM.RF and involving the Central Bank and the Deposit Insurance Agency, to consider including the spending on Russian-made windows, doors, and built-in furniture in the amount covered...
