ITTO: Manzhouli international timber market nears completion
November 8, 2013 ` 03:08
Around RMB 1.3 billion has been invested in the new Manzhouli International Timber Trading Market, ITTO reported. Building started in May 2012 and the first stage will be completed by the end of 2013 and ready for business...
Rapid growth in demand in Asia creates new market for Russian pellets
November 7, 2013 ` 04:15
By 2020, the European leaders by the share of biofuels in the energy industry will be Sweden (49%), Latvia (40%) and Finland (38%), such predictions were given at the XV International Forestry Forum held on 8-9 October in...
Loggers request not to cancel VAT return for log exports
October 30, 2013 ` 17:22
Top managers of Lesnoy Soyuz partnership and the Chamber of Commerce sent a letter to Prime Minister Dmitry Medvedev with the request to save the current procedure for VAT refunds to exporters of logs, as “Russian Forestry News”...
WhatWood: Russia’s forest industry Top 100 profit margin declined to 1.38% in 2012
October 9, 2013 ` 14:23
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...