Cherepovetsles is opening a moldings production site in the Vologda Region
May 3, 2023 ` 19:02
Cherepovetsles has launched a line of planed moldings at its Koskisilva enterprise in the Sheksninsky District, which used to belong to Koskisen. In March 2022, the Finnish company announced the termination of its operations in Russia and sold...
A woodworking enterprise worth 3 billion rubles will open in the Krasnoyarsk Region
May 2, 2023 ` 17:58
There are plans to launch production of sawn timber, wood briquettes, and charcoal briquettes in the south of the Krasnoyarsk Region, as reported by the Yenisey Siberia Development Corporation. The investment will reach 3 billion rubles. The investor’s...
Large timber enterprises of the Tomsk Region are suspending production
May 2, 2023 ` 17:56
Problems with export from the Tomsk Region to Asian countries force large local companies to suspend production, says Andrey Knorr, Vice Governor of the region. According to him, the region’s timber enterprises are putting their investment projects on...
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...
Harvesting enterprises from the Nizhny Novgorod Region will be granted a deferral of rent payments for forest areas
April 14, 2023 ` 18:18
The Government of the Nizhny Novgorod Region approved the decree on deferring the rent payments for timber harvesting areas. The deferral applies to parts of the payments exceeding the minimum rent amount. This respite is provided for up...
Russian Forest Industry Review in 2022-2023: a quarterly analytical review
April 13, 2023 ` 12:38
Analysts from the WhatWood agency prepared the quarterly analytical Russian Forest Industry Review in 2022-2023. This is a completely new product that includes a detailed analysis of the condition of Russian timber industry segments and its key trends....
Russia exports almost no unprocessed timber
April 12, 2023 ` 17:28
In 2022, the volume of roundwood export from Russia dropped by almost 4 times, down to 3.5 million m³. Supplies to China account for 80% of the export volume. Russia has never exported so little unprocessed timber in...
Governmental commission approved the sale of a share in Ilim by International Paper
April 10, 2023 ` 11:29
A subcommission of the governmental commission on foreign investment control allowed International Paper (USA) to sell 50% of shares in Ilim SA, a Swiss group, which, in its turn, owns 96.37% of Ilim Group, as reported by Ilim’s...
Owner of Leroy Merlin will hand over its Russian business to the management team
April 10, 2023 ` 11:26
ADEO (France), owner of the DIY franchise Leroy Merlin, intends to hand over the governance of the Russian company to the local management team, as reported by RBC referencing a company representative. The RBC’s source emphasizes that this...
Russian plywood output rose in February
April 10, 2023 ` 10:59
According to the data published by the Federal State Statistics Service (Rosstat), the output of Russian plywood grew by 21% in February 2023 compared to the previous month, reaching 245,000 m³. This is the highest monthly output since...
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...
Kronospan confirms the separation of its business in Russia
April 6, 2023 ` 12:49
Over the past year Kronospan has completed a strategic review of its business activities in Russia and decided to separate out all business activities in Russia to Causa Foundation, according to the press office of the Austrian holding...
Timber industry research & analytics 