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Forestry & Logging

News on forestry and logging in Russia.

WhatWood: Russia’s forest industry Top 100 profit margin declined to 1.38% in 2012

In 2012, joint net sales of the 100 largest Russian forest industry companies that participated in the WhatWood rating declined by 0.87% to RUR 279.68 billion. Joint net profit of 94 companies of the rating who disclosed this...

Russian government approved Forestry Policy

October 2, 2013 ` 04:17  
The final draft of the “Fundamentals of State Policy in the field of use, protection and reproduction of forests” was adopted by the Russian government at the session of September 23, as the Minister of natural resources and...

WhatWood: Reduction of roundwood customs duties increased hardwood exports from Russia

September 26, 2013 ` 04:17  
Following the results of the first half-year of 2013, the volume of roundwood export from Russia increased by 3.3% compared to the first half of 2012 up to 8.4 million m3 (excluding the countries of Customs Union, e.g....

Helsinki to host European Timber Market conference in late September

August 22, 2013 ` 20:24  
International conference “European Timber Market” will be held in Hilton Strand hotel, Helsinki on September 26-27, 2013. The conference hosted in Finland’s capital is devoted to the situation on the timber and wood products market in Europe and...

Yugra government to compensate equipment leasing expenses to local companies

August 9, 2013 ` 14:04  
At the recent meeting of regional government, officials of Khanty-Mansi autonomous district (Yugra) decided to grant subsidies to industrial companies to offset lease payments for equipment used in logging, woodworking and biofuel production. Compensation will amount to 2/3...

Log prices in Finland

August 2, 2013 ` 06:28  
Apart from well-developed own logging, Finland also delivers wood from neighbouring countries like Russia, Estonia, Sweden, Latvia and Lithuania. They mainly supply hardwood pulplogs and plylogs for the Finnish pulp & paper and panel industry in addition to...

Centre for Forest Economy: 67% of forest districts have illegitimate status

August 2, 2013 ` 06:16  
On July 23, St. Petersburg hosted press conference “Russian forest industry: from State Council to implementing presidential regulations” of General Director of the Research Centre for Forest Economy and Management, Nikolai Petrunin. Analysing the forest management system, Petrunin...

UPM: Major benefit of Russia’s accession to WTO will be in softened customs procedures

July 24, 2013 ` 04:18  
On the pages of corporate Griffin journal, top managers of UPM expressed their outlook on possible results of Russia’s WTO accession for the company. Pekka Rajala, VP, Sourcing Director North Europe, supposes that elimination of export duties will...

Lumber production in Russia fell 2.6% to 10.2m m3 in the first half of 2013

July 24, 2013 ` 04:14  
In the first half-year, lumber production in Russia declined by 2.6% year-on-year down to 10.2 million m3. Plywood production increased by 3.8% to 1.7 million m3, fibreboard production declined by 9.8% to 202 million nominal m2. Paper output...

Export restoration caused pulpwood prices in Russian North-West to grow in May

July 18, 2013 ` 05:33  
Growth of roundwood prices in the Central federal district of Russia in May was due to lack of summer timber removal and growing demand for wood at the start of the construction season, as analytic service of WhatWood...

Capital investments into Russian forest industry fell 17.4% in 1Q 2013

July 18, 2013 ` 05:25  
Volume of capital investments into Russian forest industry in the first quarter of the year shrank by 17.4% to RUR 20.5 billion. In the pulp & paper sector, Irkutsk region was the leader. Here, large project of Ilim...

Finnish company Satorak Oy to invest €20 billion in Russian forest industry

July 10, 2013 ` 03:06  
Finnish company Satorak Oy is going to invest €20 billion into logging and woodworking capacities in Russia within ten years, as Omsk regional press reports. An affiliate company of Satorak, ADS Finland, which was established for doing foreign...