Woodworking

As Kommersant Newspaper reports, Pervaya Mebelnaya Fabrika CJSC will build a production site to design and produce innovative furniture products in St. Petersburg. At the first stage of the project, the company is going to start producing interior,...

Production of Russian sawn timber in January-April 2023 decreased by 11.2% YoY to 9.2 million m³, according to Rosstat. Production in April 2023 also decreased: – 9,1% YoY (-5,5 MoM).

According to Rosstat, in April 2023 the production of plywood in Russia decreased by 9% YoY (-3.4% MoM). In January-April 2023 a total of 1.019 million m³ of plywood was produced in the country, which is 24.1% less...

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...

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...

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...

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 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...

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...

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...

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...

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....