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Federal Forestry Agency (Rosleskhoz) held the annual nationwide meeting on Russian forestry on March 27, 2019. According to Rosleskhoz, forest use revenues of the Russian budget in 2018 amounted to 46.0 billion rubles, which is +38% YoY (or 12.6 billion rubles). An...

The investment project to increase the production capacity of the UPM Chudovo plant, which began at the end of 2017, is on schedule and is at the stage of launches and commissioning. Currently, the first deliveries from the new...

Underlying EBITDA of Euro 1,764 million was up 19% on the prior year, with strong contributions from Fibre Packaging and Uncoated Fine Paper. A combination of higher selling prices, strong operational performance, the contribution from acquisitions and the benefits of its ongoing...

Global operating income will fall 2%-4% over the next 12 to 18 months. Input costs are rising, while demand for paper and prices for wood product and market pulp are falling. The outlook for the global paper and forest products industry has been...

After a heavy 12% decline in round wood exports in 2017 (mainly in the segment softwood logs and pulpwood), sales to Finland in 2018 were at the level of the previous year. However, the product structure of sales has changed. In 2018,...

Exports of birch veneer logs to China showed the highest dynamics of growth among all types of assortments of round wood. Sales of all assortments were generally reducing. Thus, exports of pine sawlogs in 2018 decreased by 20.2% (YoY) to 2.96 million m3,...

Russian Timber Journal No. 03-2019: the volume of logging in Russia exceeded its historical maximum in 2018; WhatWood Agency conducted a study on the pellet market in Russia; the downward trend in the export of unprocessed round timber...

According to the information and analytical agency WhatWood, the reasons for the decline in exports are the high demand for sawn raw materials within the country, especially in Siberia and the Far East after the introduction of new...

In 2018, the value of exports of forest products from Finland amounted to €13,20 billion, +5% yoy, according to Luke. For comparison: according to the calculations of the WhatWood agency, exports of forest products from Russia to 2018 amounted...

VAT on some commodities and services has been reduced in order to stimulate the economy and the development of processing in the country. VAT on round timber is reduced from 10% to 9% sawn timber from 16% to...

In 2018, the enterprises of the forest complex of the Republic of Karelia almost doubled tax revenues to the consolidated budget of the Republic of Karelia, they amounted to more than 3.2 billion rubles (222.8 % to the...

As Interfax-Ukraine reports, the company is going to build an OSB plant on the existing particleboard production site in Novovolynsk (Ukraine). On April 25, 2019, the Board of Directors of the European Bank for Reconstruction and Development will...