Timber industry research & analytics Furniture 
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...
Russian Timber Journal 03-2023: interview with Pavel Kunin, Commercial Director at Doza-Gran; Russia exports almost no unprocessed timber; list of assignments given by the President of the Russian Federation as a follow-up to a meeting on the development of the Russian timber industry; China plans to increase plywood production capacity in 2023; Association of Furniture and Woodworking Enterprises of Russia suggests increasing the import duty on European furniture to 50%; owner of Leroy Merlin will hand over its Russian business to the management team; Governmental commission approved the sale of a share in Ilim by International Paper; large timber enterprises of the Tomsk Region are suspending production; Russian plywood output rose in February; Segezha Group sold its European assets that produce paper packaging; in 2022, the Russian export of wood and articles of wood dropped by almost one-fourth
April 10, 2023 ` 10:32
Russian Timber Journal 03-2023: Pavel Kunin, Commercial Director at Doza-Gran: “From the financial and time perspective, a wood pellet line is the most lucrative kind of investment associated with recycling sawmilling waste”; in 2022, the volume of roundwood export...
Association of Furniture and Woodworking Enterprises of Russia suggests increasing the import duty on European furniture to 50%
April 5, 2023 ` 15:28
The Ministry of Industry and Trade received a proposal from the Association of Furniture and Woodworking Enterprises of Russia to increase import duties on wooden and cushioned furniture and mattresses from Europe from 8.5-12% to 50%. The increased...
Russian Timber Journal 02-2023: interview with Yuri Strezhen, CEO at Praktika Group; state support measures for the Russian timber industry affected by the sanctions pressure; China reduced log imports from all the main suppliers in 2022; Vladimir Putin proposed to grant enterprises a deferment on forest area lease payments for unharvested timber; the Government of the Russian Federation increased the maximum amount of compensation for the expenses of timber enterprises for the transportation of their products; in 2022, Russia reduced the volume of logging by 13.5% to 194.6 million m³, according to Roslesinforg; Russian Railways resumed accepting sawn timber for export shipments through Kazakhstan; International Paper reaches agreement to sell ownership interest in Ilim joint venture; Segezha Group may reorient the Segezha West project to new products; the volume of furniture export from Russia dropped by 39% YoY in 2022, down to 29.5 billion rubles; Luzales and Slotex acquire Russian assets of IKEA
March 7, 2023 ` 15:24
Russian Timber Journal 02-2023: Yuri Strezhen, CEO at Praktika Group: “This is a good time to improve the efficiency of both production and administrative processes of enterprises”; support measures mentioned by the business, relevant agencies, regions, the Government...
Luzales and Slotex acquire Russian assets of IKEA
February 16, 2023 ` 12:54
A government commission has approved the sale of Swedish furniture maker IKEA’s three plants in Russia to two Russian buyers. Deputy Trade and Commerce Minister Viktor Yevtukhov told the daily Izvestia that kitchen worktop manufacturer Slotex and lumber...
Association of Furniture and Woodworking Enterprises: the share of imported furniture in the Russian market reduced from 41% to 25% in 2022
February 14, 2023 ` 18:12
Furniture production in the Russian Federation remained at the level of 2021 in physical terms but increased by 15% in monetary terms. Alexander Shestakov, President of the Association, believes that the niche freed up by the leaving foreign...
