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News on Russian lumber, panel, construction, and biofuel industry.

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...

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,...

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...

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...

In 2023, investment in the Russian timber industry dropped by 4.8%, down to 188.8 billion rubles

April 18, 2024 ` 18:59  
The value of investments in the Russian timber industry reduced by 4.8% in 2023 compared to the record-setting performance of 2022; it amounted to 188.8 billion rubles, which is comparable to the 2021 level, according to Roslesinforg. Over...

Japan imposes a ban on exports of woodworking equipment to Russia

April 16, 2024 ` 15:36  
Japan has imposed additional sanctions on Russia, prohibiting the export of 164 types of goods, according to the Ministry of Economy. The list includes woodworking equipment.

Furniture producers from the Kaliningrad Region are requesting to impose a bankruptcy moratorium

March 26, 2024 ` 17:09  
The Association of Kaliningrad Furniture Producers filed a request to Anton Alikhanov, Governor of the Kaliningrad Region, to impose a region-wide 1-year moratorium on initiating bankruptcy cases in relation to debtors from the furniture industry. Industry representatives note...