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Forestry & Logging

News on forestry and logging in Russia.

Government of the Russian Federation banned the export of roundwood, chips and veneer to “unfriendly countries” until the end of 2022

March 23, 2022 ` 17:53  
Government Decree No. 312 dated March 9, 2022 came into force; it bans, until the end of 2022, the export of roundwood (HS code 4403), chips (HS Codes 4401 21, 4401 22) and veneer (HS Code 4408) to...

Komatsu to suspend shipments to Russia

March 10, 2022 ` 18:43  
Due to the current supply chain disruption and the uncertainty of the financial and economic situation, the Japanese forestry equipment manufacturer Komatsu has decided to suspend shipments to Russia for the time being. In line with its crisis...

Ponsse discontinues all operations in Russia and withdraws its profit guidance

March 2, 2022 ` 19:46  
Ponsse Plc has decided to discontinue temporarily all export operations to Russia and Belarus for both PONSSE forest machines and their spare parts. Also the Ponsse Group’s Russian subsidiary OOO Ponsse is discontinues temporarily its local spare parts...

Segezha Group expanded its reforestation area by 20% in 2021

February 8, 2022 ` 20:54  
Segezha Group restored 34,835 ha of forest lands. The reforestation projects have been approved by the governing authorities. Thus, between May and November 2021, Segezha Group restored forests in Krasnoyarsk Krai (15,800 ha), Karelia Republic (8,200 ha), Vologda...

EU challenges Russian export restrictions on wood at WTO

January 25, 2022 ` 22:14  
The EU has requested consultations with Russia at the World Trade Organization (WTO) concerning export restrictions placed by Russia on wood products. The export restrictions consist of significantly increased export duties on certain wood products and a drastic...

Prices for roundwood keep declining на Belarusian commodity exchange

January 12, 2022 ` 22:57  
Prices for industrial timber continue to decline at the Belarusian Universal Commodity Exchange, Belarusian Universal Commodity Exchange (BUCE) reported. “In Q4 2021, the price for roundwood in the domestic market continued to decline. For example, prices for high-quality...

Sistema completes sale of minority stake in Segezha Group

December 30, 2021 ` 21:26  
Sistema PJSFC announces the closing of the sale of 8.7% of the ordinary shares of PJSC Segezha Group to Bonum Capital Ltd for $150 million. Following the closing of the transaction, Sistema PJSFC stake in the share capital...

Russian Wood Resources 11-2021: In November, the Russian logs market witnessed a higher demand for and a local shortage of the roundwood pulpwood group

December 6, 2021 ` 14:19  
Not all regions were able to start winter harvesting in November. Logs could not be hauled in the European part of Russia (in central and north-western regions) because of humid weather and the continuing period of impassable roads....

Arkhangelsk Pulp and Paper Mill will invest 500 million rubles in building a new tree seed center

December 3, 2021 ` 16:13  
The mill’s corporate selection and seed center whose area will exceed 10 ha will become one of the most contemporary in Russia. A greenhouse and a laboratory complex will be built in its territory, which will accommodate a...