Timber industry research & analytics 
Sveza to invest about 400 million rubles in the modernization of its production facility in the Perm region in 2023
May 30, 2023 ` 18:08
As follows from a press release of the company, Sveza will invest 400 million rubles to modernize its plant in the village of Uralsky in 2023. The funds will be used to enhance the environmental safety, to comprehensively...
After three months of decline, the output of plywood in Russia grows for the second month in a row
May 26, 2023 ` 12:44
Russian plywood mills reduced their outputs by 28.6% YoY to 738,000 m³ in Q1 2023, as follows from the published data of Rosstat. The output of plywood also declined significantly in March 2023 compared to the same period...
A serious shortage of resin for the production of plywood arose in Russia
May 26, 2023 ` 12:40
Kommersant, a daily newspaper, reports that some Russian plywood producers may cease operations or significantly raise prices for their products. The newspaper explains that the situation was caused by the shortage of a key component for the production...
The IKEA plant in the town of Veliky Novgorod was renamed into Extravert LLC
May 26, 2023 ` 12:37
As follows from the extract from the Unified State Register of Legal Entities, the new owners of the IKEA plant in the town of Veliky Novgorod changed the legal name of the enterprise from Ikea Industry Novgorod LLC...
Cherepovetsles is opening a moldings production site in the Vologda Region
May 3, 2023 ` 19:02
Cherepovetsles has launched a line of planed moldings at its Koskisilva enterprise in the Sheksninsky District, which used to belong to Koskisen. In March 2022, the Finnish company announced the termination of its operations in Russia and sold...
A woodworking enterprise worth 3 billion rubles will open in the Krasnoyarsk Region
May 2, 2023 ` 17:58
There are plans to launch production of sawn timber, wood briquettes, and charcoal briquettes in the south of the Krasnoyarsk Region, as reported by the Yenisey Siberia Development Corporation. The investment will reach 3 billion rubles. The investor’s...
Large timber enterprises of the Tomsk Region are suspending production
May 2, 2023 ` 17:56
Problems with export from the Tomsk Region to Asian countries force large local companies to suspend production, says Andrey Knorr, Vice Governor of the region. According to him, the region’s timber enterprises are putting their investment projects on...
Slotex closed the deal on purchasing Ikea Industry Novgorod
May 2, 2023 ` 17:43
Invest Plus LLC closed the deal on purchasing IKEA’s largest production asset in Russia — Ikea Industry Novgorod, as reported by the Agency for Communication Strategies. The beneficiary owner of Invest Plus LLC is Vadim Osipov, Director General...
Russian Forest Industry Review in 2022-2023: a quarterly analytical review
April 13, 2023 ` 12:38
Analysts from the WhatWood agency prepared the quarterly analytical Russian Forest Industry Review in 2022-2023. This is a completely new product that includes a detailed analysis of the condition of Russian timber industry segments and its key trends....
Owner of Leroy Merlin will hand over its Russian business to the management team
April 10, 2023 ` 11:26
ADEO (France), owner of the DIY franchise Leroy Merlin, intends to hand over the governance of the Russian company to the local management team, as reported by RBC referencing a company representative. The RBC’s source emphasizes that this...
Russian plywood output rose in February
April 10, 2023 ` 10:59
According to the data published by the Federal State Statistics Service (Rosstat), the output of Russian plywood grew by 21% in February 2023 compared to the previous month, reaching 245,000 m³. This is the highest monthly output since...
Russian Timber Journal 03-2023: interview with Pavel Kunin, Commercial Director at Doza-Gran; Russia exports almost no unprocessed timber; list of assignments given by the President of the Russian Federation as a follow-up to a meeting on the development of the Russian timber industry; China plans to increase plywood production capacity in 2023; Association of Furniture and Woodworking Enterprises of Russia suggests increasing the import duty on European furniture to 50%; owner of Leroy Merlin will hand over its Russian business to the management team; Governmental commission approved the sale of a share in Ilim by International Paper; large timber enterprises of the Tomsk Region are suspending production; Russian plywood output rose in February; Segezha Group sold its European assets that produce paper packaging; in 2022, the Russian export of wood and articles of wood dropped by almost one-fourth
April 10, 2023 ` 10:32
Russian Timber Journal 03-2023: Pavel Kunin, Commercial Director at Doza-Gran: “From the financial and time perspective, a wood pellet line is the most lucrative kind of investment associated with recycling sawmilling waste”; in 2022, the volume of roundwood export...
