Furniture
Rehau to withdraw business in Russia
July 4, 2022 ` 17:03
The Rehau Group has announced the intention to sell its business in Russia to local management and will withdraw completely from the country. The company says a corresponding preliminary agreement has now been signed by both parties. Rehau...
Russian Timber Journal 05-2022: interview with Alexander Shangin, CEO, Vologodskiye Lesopromyshlenniki Group; roaring demand in 2021 caused a consumption/supply imbalance in the Russian MDF/HDF market; Rosleskhoz urges for reduced liability of forest users operating LesEGAIS; plywood production continues to decline in Russia; Valmet’s withdrawal from Russia is progressing; Rehau to withdraw business in Russia
June 27, 2022 ` 17:01
Russian Timber Journal 05-2022: Alexander Shangin, CEO, Vologodskiye Lesopromyshlenniki Group: “Substantial assistance to systemically important federal-level enterprises is currently non-existent”; roaring demand in 2021 caused a consumption/supply imbalance in the Russian MDF/HDF market; Rosleskhoz urges for reduced liability of forest users...
Russian Timber Journal 02-2022: interview with Jean-Francois Guilbert, Managing Director of FrenchTimber; survey of WhatWood clients on 2021 performance and prospects for 2022; how anti-Russian sanctions will affect the Russian timber industry; Government of the Russian Federation articulated support measures for the timber industry; ULK Group suspends construction of Pinezhsky LPK; some foreign timber companies suspend their activities in Russia
March 30, 2022 ` 17:55
Russian Timber Journal 02-2022: Jean-Francois Guilbert, Managing Director of FrenchTimber: “Sawn timber prices have been stable for 20 years so they’re catching up now”; WhatWood surveyed its clients — actors in the Russian timber industry market – in order...
IKEA pauses operations in Russia and Belarus
March 3, 2022 ` 18:22
Inter IKEA Group has taken the decision to pause all export and import in and out of Russia and Belarus. Inter IKEA Group has taken the decision to pause all IKEA Industry production operations in Russia. This also...
Russian Timber Journal 12-2021: the Ministry of Industry and Trade of the Russian Federation discussed the industry’s acute issues with the biggest wood-based panels producers; Ukraine introduces anti-dumping duties on import of particleboards from Russia and Belarus; U.S. homebuilding increased to a nine-month high in December 2021; Kazakh investor is planning to start producing OSB in Russia; sawn timber prices remain at a consistently high level in Russia
February 22, 2022 ` 23:47
Russian Timber Journal 12-2021: the biggest producers of wood-based panel products from Russia discussed their industry’s acute issues and potential solutions with high-ranking officials from the Ministry of Industry and Trade; the Interdepartmental Commission on International Trade of...
Russian Timber Journal 11-2021: Interview with Metin Mete, General Manager at HAYAT Russia; U.S. has decided to almost double the duties on Canadian softwood lumber; U.S. homebuilding surged to an eight-month high in November 2021; Government of the Russian Federation approved the purchase of 75% of RFP Group by a Japanese investor; Russian Railways reports a significant reduction of timber cargo export from Russia in December
January 28, 2022 ` 15:43
Russian Timber Journal 11-2021: Metin Mete, General Manager at HAYAT Russia: “The whole market of paper tissue products is growing by an average of 5% a year”; U.S. has decided to almost double the duties on Canadian softwood lumber...
Kompass furniture factory (Sevastopol) will use a loan from IDF to upgrade a cabinet furniture production shop
December 27, 2021 ` 18:31
It is planning to purchase and set up equipment to upgrade an area for MDF facades production, an edge banding area, a laser-cutting area and a packaging area within the project. The production capacity will exceed 10,000 m²...
In January-October 2021, Russia increased furniture import by 30.7%
December 15, 2021 ` 16:52
In January-October 2021, the cost of Russian furniture import increased by 30.7% YoY to $ 1.994 billion, according to the Federal Customs Service of Russia. In October 2021, import amounted to $ 221.1 million (+ 6.6% MoM).
Arbor Nova is investing 200 million rubles in upgrading furniture elements production
November 16, 2021 ` 17:48
The company is going to expand its current venue in Kurovitsy village, Leningrad Region. The production area will increase by more than 4,000 m², process flows will be optimized, a number of production processes will be automated and...
Sudoma sawmill opened the biggest furniture boards production site in the Pskov Region
November 15, 2021 ` 20:53
Sudoma sawmill launched a new production shop to make furniture boards, rough-sawn and cut-to-exact size furniture blanks with the capacity of 8,400 m³ of product per year in Dedovichi urban settlement, Pskov Region. This is the region’s biggest...
Russian Timber Journal 09-2021: Interview with Tapani Kiiski, President and CEO of Raute Corporation; current situation in the roundwood market, industry’s opportunities and restrictions from 2022; Segezha Group agrees to acquire forestry assets in Siberia for $515 million; Ikea expects shortages due to supply-chain crisis until mid-2022; Oktyabrsky LZK is going to invest over 1 billion rubles to build a sawmill in the Irkutsk Region
October 28, 2021 ` 15:02
Russian Timber Journal 09-2021: Tapani Kiiski, President and CEO of Raute Corporation: “The Russian market has been among the most important ones for Raute over the past 10 years”; current situation in the roundwood market, industry’s opportunities and restrictions...
European wood furniture production down 5% last year
October 18, 2021 ` 19:24
The latest Eurostat PRODCOM data reveals that the total value of wood furniture production in the EU27 declined 5% to €32.4 billion in 2020. This performance for the year is significantly better than initially anticipated at the start...