Timber industry research & analytics 
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...
Kronospan confirms the separation of its business in Russia
April 6, 2023 ` 12:49
Over the past year Kronospan has completed a strategic review of its business activities in Russia and decided to separate out all business activities in Russia to Causa Foundation, according to the press office of the Austrian holding...
UPM has sold all its business operations in Russia to Gungnir Wooden Products Trading
April 3, 2023 ` 20:34
UPM has completed withdrawal of its businesses from Russia by selling all its Russian operations, including the Chudovo plywood mill, to Gungnir Wooden Products Trading. The parties have agreed not to disclose the details of the transaction. UPM...
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%.
