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As Novy Prospekt Newpaper reports, Finnish UPM has changed the ownership structure of its Russian enterprises. According to SPARK, ASTRONAUT RUS HOLDINGS OY, a Finnish joint-stock company, has become the sole owner of UPM Kymmene LLC (trading in...

Tumninsky Priisk LLC, in cooperation with the Russian Far East and Arctic Development Corporation, intends to open a facility for the production of sawn timber, veneer, plywood, papercrete blocks, and wood pellets with a capacity of over 200,000...

Segezha Group is officially starting selling housing in the first Russian high-rise CLT buildings. These are one-room and two-room apartments with an area of 48–63 m² in two four-storey buildings of Sokoliki Housing Estate in the town of...

As the press office of the head of Adygea reports, SFT Group is going to build a new corrugated packaging plant in an industrial park in the Takhtamukaysky district. According to the company’s management, the new enterprise will...

As the company’s press release states, the total output of the three paper machines of JSC Volga in 2022 totaled 309,000 tons, which is 5,500 tons more than in 2021. The figure includes over 70,000 tons of paper...

In January 2023, Russian plywood production fell by 41.2% YoY to 203,000 m³, according to Rosstat. Compared to December 2022, plywood production decreased by 10.4%.

At the meeting on the development of the timber industry, Russian President Vladimir Putin proposed to grant enterprises a deferment on forest area lease payments for unharvested timber. “The amount of timber harvested has declined, people pay lease...

As TASS reports based on the information obtained from the press office of Russian Railways, the company resumed accepting sawn timber for export transportation by rail through Kazakhstan. As the Group notes, the measures adopted by the government...

The quarterly analytical review features a detailed analysis of the state of timber industry segments and key trends; it tracks the changes of the industry’s key performance indicators (output, consumption, import, export, and price trends by regions and...

Svetlogorsk Pulp and Paper Mill procured a certificate of the international independent testing institute ISEGA for its bleached chemi-thermomechanical pulp (BCTMP). The ISEGA certificate confirms that this BCTMP complies with the international safety standards and requirements for foods,...

A government commission has approved the sale of Swedish furniture maker IKEA’s three plants in Russia to two Russian buyers. Deputy Trade and Commerce Minister Viktor Yevtukhov told the daily Izvestia that kitchen worktop manufacturer Slotex and lumber...

Furniture production in the Russian Federation remained at the level of 2021 in physical terms but increased by 15% in monetary terms. Alexander Shestakov, President of the Association, believes that the niche freed up by the leaving foreign...