Timber industry research & analytics News 
WhatWood agency is the only Russian consulting company with core specialization in the timber industry analytics. Within five years of timber market research we have provided services to 130 clients in 15 countries from Finland to Canada, from UK to Korea: industrial companies, banks, investors, government agencies, scientific organizations, and individual entrepreneurs. We have unique contact and knowledge base, as well as deep understanding of the regional industry and market in Russia. We give presentations at major industry events and are cited by the main Russian business media. To get in touch with us, please visit the About Us page. You can also browse the catalogue of our products.
Koskisen sells its Russian production facility
July 7, 2022 ` 18:02
Koskisen’s wood processing company has sold its sawing operations located in Russia to Cherepovetsles. Koskisen’s Russian operations were discontinued as planned previously. The Russian business operations made up a small share of Koskisen’s net sales, and the financial... 
Rehau to withdraw business in Russia
July 4, 2022 ` 17:03
The Rehau Group has announced the intention to sell its business in Russia to local management and will withdraw completely from the country. The company says a corresponding preliminary agreement has now been signed by both parties. Rehau... 
Middle East, Asia can be promising for Russian timber export — the Ministry of Industry and Trade
July 4, 2022 ` 16:45
Countries of the Middle East, Asia, South and Central America can become promising export markets for products of the Russian woodworking sector, the Ministry of Industry and Trade told TASS on Sunday. “We believe Middle Eastern and Asian... 
Stora Enso divests its packaging operations in Russia
July 4, 2022 ` 15:52
Stora Enso has divested its three corrugated packaging plants in Russia. The Company’s Lukhovitsy, Arzamas and Balabanovo packaging plants have been divested to local management. Stora Enso’s assessment is that due to the uncertainties in the Russian market,... 
“Wood-Based Panels Market in Russia” 05-2022: negative export developments continue
June 29, 2022 ` 19:36
In May, the producers’ position was exacerbated by the higher exchange rate of the national currency, in addition to the previous problems with logistics and closure of export markets. Re-orienting to the domestic market while maintaining the current... 
Volga JSC published its annual report for 2021
June 29, 2022 ` 19:30
The total production volumes of all types of finished products amounted to 306,711 tons, and the share of Volga JSC in the volume of production among Russian paper manufacturers increased to 23%. Despite the fact that in financial... 
Valmet’s withdrawal from Russia is progressing
June 28, 2022 ` 17:13
Valmet has progressed in reviewing its operations in Russia and implementing its exit plan. Already in the spring, the company decided not to make any new sales projects in Russia. In addition, it canceled €70 million of its... 
Rostech company developed a technology of producing white copy paper
June 28, 2022 ` 17:04
Russian Research Center for Applied Chemistry (GIPH) (a part of Rostech State Corporation) developed a Russian technology of producing industrial-grade hydrogen peroxide for the pulp & paper industry, as reported by Rostech press office. This solution makes it... 
Ponsse divests its subsidiary in Russia
June 28, 2022 ` 14:32
Ponsse Plc has sold all shares in OOO Ponsse, its subsidiary that provided PONSSE services in Russia and Belarus. Today on 28 June 2022, Ponsse signed the deed of sale, according to which Ponsse’s operations in Russia will... 
Segezha Group announces its unaudited consolidated IFRS financial results and operating results for Q1 2022.
June 27, 2022 ` 18:33
Revenue was up 96% YoY to RUB 35.6 billion, driven by higher sales, higher average selling prices, a positive effect from ruble depreciation and also the effect of consolidation of the assets of Novoeniseisk Wood-Chemical Complex (NLHK) and... 
More than 300 million rubles will be invested in a woodworking facility in the Kostroma Region
June 27, 2022 ` 17:57
Forest Group LLC (Galich) will invest more than 330 million rubles in production development. This project was supported by the regional investment board. In May 2022, the company shared its plans of building another administrative and amenity building,... 
Russian Timber Journal 05-2022: interview with Alexander Shangin, CEO, Vologodskiye Lesopromyshlenniki Group; roaring demand in 2021 caused a consumption/supply imbalance in the Russian MDF/HDF market; Rosleskhoz urges for reduced liability of forest users operating LesEGAIS; plywood production continues to decline in Russia; Valmet’s withdrawal from Russia is progressing; Rehau to withdraw business in Russia
June 27, 2022 ` 17:01
Russian Timber Journal 05-2022: Alexander Shangin, CEO, Vologodskiye Lesopromyshlenniki Group: “Substantial assistance to systemically important federal-level enterprises is currently non-existent”; roaring demand in 2021 caused a consumption/supply imbalance in the Russian MDF/HDF market; Rosleskhoz urges for reduced liability of forest users... About WhatWood project
WhatWood agency is the only Russian consulting company with core specialization in the timber industry analytics. Within five years of timber market research we have provided services to 130 clients in 15 countries from Finland to Canada, from UK to Korea: industrial companies, banks, investors, government agencies, scientific organizations, and individual entrepreneurs. We have unique contact and knowledge base, as well as deep understanding of the regional industry and market in Russia. We give presentations at major industry events and are cited by the main Russian business media. To get in touch with us, please visit the About Us page. You can also browse the catalogue of our products.
