Forestry & Logging

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...

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....

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...

In 3Q 2021 shows rising sawlog prices in Sweden both on a monthly basis as well as on a yearly comparison. Pine logs cost now an average of SEK 496/m³ (€ 49.6/m³) a 1% rise over Q2/2021, while...

Ponsse has invested more than €2 million in the construction of a new service centre in Tomsk, Russia. The investment aimed to create a modern service centre with a current repair area and a logistics centre with a...

According to the state forest register, timber harvesting in Russia for 9 months 2021 increased by 6.5% YoY (7.8 million m³) to almost 128 million m³, Rosleskhoz reports. The largest growth was observed in the Central and Northwestern...

The forest area was registered and the forest nursery’s footprint was expanded. They are simultaneously signing contracts for production and delivery of six new greenhouses and construction of 17 hardening sites.

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...

The comment regarding Decree of the Russian Government (which is excluding roundwood haulage stations, specifically the Saimaa Canal, from the list as of November 1, 2021) was given by Denis Manturov, Minister of Industry and Trade of the...

Sveza, a global leader in the manufacture of birch plywood, is to begin harvesting its own timber in nine forested areas in the Perm Region in December 2021. The company is investing over RUB 600 million in project, which includes,...

As of January 1, 2022, unprocessed and roughly processed softwood and precious hardwood logs may no longer be exported from the Russian territory. This ban will affect the activity of around 4,000 organizations that were involved in timber...

In July 2021, the Group signed contracts with Scania and Ferronordic — the authorized dealer of Volvo in Russia. 60 Scania log trucks with the hauling volume of 160 m³ and two experimental vehicles for 200 m³ of...