Blog

Raute Corporation has received orders worth approximately €16 million from Segezha Group to Russia. The scope of orders includes new production lines and modernizations of existing lines to increase the veneer production capacity, and also production lines to...

The cross laminated timber plant of the Pfeifer Group, which went into operation at the beginning of 2020, is doubling its capacity to 100,000 m³ annually this year as planned. In order to increase the joinery performance and...

Finnish Junnikkala is preparing for a big investment that will launch the construction of a modern sawmill unit in Oulu, Finland. Construction will begin in 2022 and will be finished by the end of 2023. €70 million investment...

Federal Forestry Agency (Rosleskhoz) announced a tender for the development of the Federal State Information System of the Timber Industry worth 99.94 million rubles. Information about the tender is published in the Unified Procurement Information System of the...

According to the results of the Company’s work in 2020, the EBITDA indicator under IFRS amounted to 1.5 billion rubles. Revenue from product sales – 9.4 billion rubles, net profit – 0.9 billion rubles. In 2020 JSC Volga...

Segezha Pulp and Paper Mill (a subsidiary of Segezha Group) has completed an investment project in the field of forest development. Segezha PPM started the project in 2016. Between 2016 and 2020, the investor fulfilled all of its...

Titan Group logistic enterprise – LLC White Sea Floating Company (BSK) has completed its raft program. 20 rafts – 220,000 m³ of winter fabrication timber were shipped to CJSC “Sawmill 25” and JSC “Arkhangelsk PPM”. The rafts were...

According to the data of the Federal State Statistics Service (Rosstat) in January-May 2021, the output of Russian wood pulp increased by 1.1% YoY to 3.7 million tons. Paper and cardboard production increased over the reporting period by...

According to data from the Federal State Statistics Service (Rosstat) in January-May 2021, Russia increased sawn timber production by 2.6% YoY to 12.2 million m³.

According to data from the Federal State Statistics Service (Rosstat) in January-May 2021, plywood production in Russia increased by 16.2% YoY to 1.9 mln m³. The output of fiberboard (including MDF/HDF/flooring) also increased by 26.7% YoY to 293...

The Mayr-Melnhof Group and a subsidiary of funds managed by Oaktree Capital Management, L.P. (“Oaktree”) have reached a firm intention on the sale of MM’s virgin fiber cartonboard mills located in Eerbeek, Netherlands, and Baiersbronn, Germany, to Oaktree...

Artur Parfenchikov, Head of Karelia, Victor Ventimilla Alonso, Chairman of Severo-Zapadny Bank of Sberbank, and Vladimir Bobin, Chairman of the Board of Directors of Karelia Pulp Holding LLC, signed a trilateral cooperation agreement to implement an investment project...