Russian Timber Journal 02-2023: interview with Yuri Strezhen, CEO at Praktika Group; state support measures for the Russian timber industry affected by the sanctions pressure; China reduced log imports from all the main suppliers in 2022; Vladimir Putin proposed to grant enterprises a deferment on forest area lease payments for unharvested timber; the Government of the Russian Federation increased the maximum amount of compensation for the expenses of timber enterprises for the transportation of their products; in 2022, Russia reduced the volume of logging by 13.5% to 194.6 million m³, according to Roslesinforg; Russian Railways resumed accepting sawn timber for export shipments through Kazakhstan; International Paper reaches agreement to sell ownership interest in Ilim joint venture; Segezha Group may reorient the Segezha West project to new products; the volume of furniture export from Russia dropped by 39% YoY in 2022, down to 29.5 billion rubles; Luzales and Slotex acquire Russian assets of IKEA
March 7, 2023 ` 15:24
Russian Timber Journal 02-2023: Yuri Strezhen, CEO at Praktika Group: “This is a good time to improve the efficiency of both production and administrative processes of enterprises”; support measures mentioned by the business, relevant agencies, regions, the Government...
Greenpanel buys third Dieffenbacher MDF plant
March 3, 2023 ` 18:50
India’s largest MDF manufacturer, Greenpanel Industries Ltd., has ordered its third MDF plant from Dieffenbacher. The new thin-board line based on Dieffenbacher’s smart plant concept CEBRO will be added in Routhusuramala, Andhra Pradesh. That’s the same site where...
A timber processing facility to open at the former Ford plant in the Leningrad region
March 2, 2023 ` 12:59
Slotex company plans to set up production at the site of the former Ford plant in Vsevolozhsk, TASS reports referring to the press service of the Committee for Economic Development and Investment Activity of the Leningrad Region. The...
UPM sells its Russian enterprise to its own subsidiary
March 2, 2023 ` 12:54
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...
A timber processing center worth 1 billion rubles to open in the Khabarovsk region
March 2, 2023 ` 12:50
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 starts selling apartments in the first CLT houses in Russia
March 2, 2023 ` 12:47
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...
Plywood production in Russia fell by 41.2% in January
February 22, 2023 ` 20:36
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%.
Russian Railways resumed accepting sawn timber for export shipments through Kazakhstan
February 21, 2023 ` 17:43
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...
Luzales and Slotex acquire Russian assets of IKEA
February 16, 2023 ` 12:54
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...
Association of Furniture and Woodworking Enterprises: the share of imported furniture in the Russian market reduced from 41% to 25% in 2022
February 14, 2023 ` 18:12
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...
Rosleskhoz: the forest industry accounted for 0.8% of the country’s GDP in 2022
February 9, 2023 ` 13:24
The forest industry contributed around 1 trillion rubles to the Russian economy in 2022, Ivan Sovetnikov, Head of the Federal Forestry Agency (Rosleskhoz), said in an interview to Rossiyskaya Gazeta. It has grown by more than 1.5 times...
Viktoria Abramchenko, Deputy Prime Minister supervising the timber industry in the Government, held a meeting on the issues of the timber industry development
February 9, 2023 ` 13:17
Highlights: The Russian Government realizes that the timber industry is facing objective economic challenges, a logistics blockade, and other problems. That is why state support measures introduced in 2022 will be extended for another year. In 2022, timber...