Blog

Amkodor-Onego (a producer of harvesting machinery from Karelia) made the first frame for Amkodor-1881 forwarder in December, as reported by the press office of the Ministry of Industry and Trade of Karelia. The enterprise is implementing an investment...

The amount of the transaction is not being disclosed. The source of funding was a syndicate of Armenian banks. The transaction was approved by the Government Commission on Monitoring Foreign Investments in the Russian Federation. Balchug Capital is...

In the fall of 2024, the Russian Customs Service introduced an almost 66% duty on imported Chinese furniture hardware. The Federal Customs Service started re-qualifying this product, changing its HS Code, and applying the new duty. The Association...

According to the Federal State Statistics Service (Rosstat), the Russian timber harvest grew by 4.3% YoY in January—November 2024, up to 107.242 million m³ of dense timber. Softwood accounted for 69.879 million m³ of dense timber from the...

Mikhail Mishustin, Russian Prime Minister, announced that inclusion of packaging in the list of products whose value is being monitored by the Cabinet of Ministers was under consideration, according to Forbes. He said that packaging materials “account for...

The Russian customs office has sharply increased the duty on furniture hardware imported from China, as reported by Forbes referencing the Association of Furniture and Woodworking Enterprises of Russia. Starting from fall 2024, the Vladivostok Customs Office, through...

Russian Timber Journal 09-2024: Interview with Alexey Garmash, CEO, Novomorsnab LLC; Value of investment in the Russian timber industry grew by 40% in Q3 2024; In January—October, the Russian timber harvest increased by 4.2% YoY; Plywood production in Russia...

Commissioning and startup operations are currently wrapping up at the new line producing MM-500 recycled pulp that serves as a raw material for the repurposed Paper-Making Machine 6, according to the press office of the Nizhny Novgorod mill....

According to TransLes Analytics Center, the total volume of roundwood and sawn timber transportation by railway in Russia (including container transport) reduced by 3% YoY in January–September 2024, down to 21.9 million t. Over the reporting period, domestic...

HAYAT Russia (a branch of the transnational company Hayat) announced the expansion of its production facilities at enterprises in the Kaluga Region and Tatarstan. The total value of investments in these projects reached 178 million rubles. In October...

The timber industry cluster of Karelia was included in the register of Russian industrial clusters by Order of the Ministry of Industry and Trade of Russia No. 5101 dated November 1, 2024, as reported by the press office...

Russian Timber Journal 08-2024: Alexey Lyapunov, Head of Export Sales to Africa at Sveza: “Timber companies need reliable payment channels to enter new markets successfully”; Sawlogs preservation experience of timber harvesting companies — this material was prepared by WhatWood analysts...