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.
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... 
Federal Forestry Agency (Rosleskhoz) urges for reduced liability of forest users operating LesEGAIS
June 24, 2022 ` 20:35
The Agency submitted a proposal to amend the Code of Administrative Offences to the Russian Ministry of Natural Resources. The draft amendment exempts users of LesEGAIS system from liability for failure to procure an accompanying document in case... 
Equipment for MDF production will be VAT exempt
June 24, 2022 ` 20:29
The list of equipment whose import will be exempt from the Value-Added Tax (VAT) now includes a line of equipment (including spare parts and components) required for MDF production. The corresponding Decree was signed by Mikhail Mishustin, Chairman... 
Ponsse decides to divest its operations in Russia
June 16, 2022 ` 17:42
The divestment of all shares in OOO Ponsse, Ponsse Group’s subsidiary providing PONSSE services in Russia and Belarus, is currently being negotiated. The signing will be completed in the near future. “We have been looking for a solution to... 
Rosleskhoz: more than 2.5 million electronic accompanying documents for transportation of over 108 million m³ of timber were created in Q1 2022
June 8, 2022 ` 16:54
According to the press office of Federal Forestry Agency (Rosleskhoz), in Q1 2022, more than 2.5 million electronic accompanying documents were created in the updated LesEGAIS system for transportation of timber whose total volume exceeded 108 million m³.... 
Accounts Chamber of the Russian Federation: in 2021, revenue of Rosleskhoz was 44.6 billion rubles, which is 9% lower than the forecast
June 8, 2022 ` 16:48
According to the supreme state audit body, one of the reasons for failing to meet the revenue plan is the growing debt in forest use payments that reached 1.1 billion rubles. The actual expenses were 50.6 billion rubles,... 
The Ministry of Industry and Trade suggests cancelling export duties on sawn timber with over 22% moisture content until the end of 2022
June 8, 2022 ` 16:39
The Ministry of Industry and Trade suggests lifting export duties on sawn timber with over 22% moisture content (except oak, beech and ash sawn timber) until the end of 2022, as reported by Kommersant quoting the Ministry. The... 
Plywood production continues to decline in Russia
June 2, 2022 ` 08:35
In January-April 2022, plywood production in Russia decreased by 10.3% YoY to 1.346 million m³, Rosstat reports. Production declines for the second month in a row. In April 2022, plywood production fell by 6.5% compared to the previous... 
Announcing publication of Russian Forest Industry Review 2021-2022 annual analytical review
June 2, 2022 ` 08:09
The year 2021 was the most successful in contemporary history for the Russian timber industry in terms of financial performance. The revenue of timber enterprises soared by 32%, up to 2.9 trillion rubles; their net profit, by 3... 
Russian timber harvesting industry: how probable is a decline in timber harvesting over the next few months?
June 1, 2022 ` 23:01
The Russian harvesting industry closed the year 2021 with good performance. The harvesting volume grew by 4%, up to 225 million m³. This is +8 million m³ compared to 2020. Such a growth is explained by the fact... 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.
