VLP Group purchased all assets of Metsä Group in the Leningrad Region
June 24, 2024 ` 14:55
Vologodskiye Lesopromyshlenniki Group confirmed purchasing a 100% share of Russian assets previously owned by Metsä Group (Finland). The government commission and the Federal Anti-Monopoly Service of Russia approved the deal. The leasehold, harvesting operations, and a sawmill are...
In January – April 2024, Rosleskhoz approved 4 priority investment projects on timber industry development
June 24, 2024 ` 14:51
The Federal Forestry Agency (Rosleskhoz) is planning to provide forest areas with an annual timber harvest of about 10 million m³ for the implementation of the approved investment projects. The approved projects are aimed at upgrading of operating...
In Q1 2024, the roundwood export from Russia grew by 14.6%
June 24, 2024 ` 14:43
According to Roslesinforg, the volume of roundwood export from Russia surged by 14.6% YoY in Q1 2024, up to 673,000 m³ (in Q1 2023, it was 587,000 m³). China accounted for the greatest share of export (85.5%): it...
A venue producing woodworking equipment is scheduled to open in the Moscow Region in late 2026
June 21, 2024 ` 18:55
Providing a land plot to Vozrozhdeniye LLC under the regional program “Land for 1 Ruble” has been approved. The investor will build an import substitution enterprise to produce woodworking equipment on the plot granted in the town of...
China significantly increased supplies of Russian plywood in Q1 2024
June 21, 2024 ` 18:53
According to China Customs, in Q1 2024 plywood imports totalled 86,550 m³, up 109% over the same period of 2023. Russia was the largest supplier of China’s plywood imports in Q1 2024. China’s plywood imports from Russia rose...
Zheshart PBL commissioned a new veneer peeling line
June 18, 2024 ` 17:34
With the new equipment, the company intends to increase the production volume of lengthwise rotary-cut veneer and subsequently ramp up the output of lengthwise 8×4 size plywood, Proderevo reports. Some of the investment was provided as a loan from...
After a two-month growth, the plywood production in Russia dropped by 6.2% MoM in April
June 18, 2024 ` 17:28
According to a quick-look estimate by the Federal State Statistics Service (Rosstat), the Russian plywood production reached 303,000 m³ in April 2024 (+7.3% YoY, -6.2% MoM). In January–April 2024, the plywood production in Russia grew by 14.5% YoY,...
Deadlines for implementing a project worth 19 billion rubles by L-PAK in the Moscow Region have been set
June 17, 2024 ` 18:15
L-PAK, a resident of the Kashira Special Economic Zone, is implementing a project on producing corrugated cardboard and packaging products. It is planning to complete the construction of Phase 1 of a production and warehouse complex by the...
Birch veneer export from the Vologda Region surged by almost one third
June 17, 2024 ` 18:12
Since the beginning of 2024, producers of birch veneer from the Vologda Region increased the export of this product by 24% YoY, up to 10,100 m³, as reported by the press office of the North Western Inter-Regional Administration...
Russian Timber Journal 04-2024: Interview with Nadezhda Ryazantseva, Analytics Director, Segezha Group; European Union imposes anti-dumping duties on birch plywood from Kazakhstan and Turkey; VLP Group purchased all assets of Metsä Group in the Leningrad Region; Sheksna Wood-Based Panels Plant launched a new MDF production line; after a two-month growth, the plywood production in Russia dropped by 6.2% MoM in April; Ilim Group is planning to implement two investment projects in the Irkutsk Region; in Q1 2024, furniture production grew considerably; in Q1 2024, the roundwood export from Russia grew by 14.6%; birch veneer export from the Vologda Region surged by almost one third
June 17, 2024 ` 16:40
Russian Timber Journal 04-2024: Nadezhda Ryazantseva, Analytics Director, Segezha Group: “In Q1 2024, we saw an increase of demand and prices in some locations”; the European Union announced the imposition of anti-dumping duties on Kazakhstan and Turkey of...
An MDF production plant will open in the Moscow Region
May 21, 2024 ` 18:33
Ultradecor LLC continues the construction of an MDF production plant with a capacity of 350,000 m³ per year in Elektrogorsk, as reported by the Main Administration of the State Construction Supervision of the Moscow Region. The construction of...
Net profit of JSC Volga dropped by 25.8% in 2023
May 21, 2024 ` 00:00
The revenue of JSC Volga reduced by 1.8% YoY in 2023, down to 13.6 billion rubles. The company’s net profit dropped by 25.8% YoY over the reporting period, down to almost 1.84 billion rubles. Interfax quotes the company’s...