Timber industry research & analytics 
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...
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...
