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.
Sveza will invest 600 million rubles in its plants in the Kostroma Region
March 18, 2024 ` 19:20
In 2024, Sveza is planning to invest over 600 million rubles in its two plants in the Kostroma Region, which is three times more than its 2023 investments. As reported by the company’s press office, the money will... 
Pulp wood supply may not fully satisfy consumer demand
March 15, 2024 ` 19:53
The demand from enterprises processing softwood and hardwood pulp wood remained quite high in February. It is exacerbated by the forthcoming spring season of bad roads that will limit the operation of vehicles, as reported in the monthly... 
In 2023, the revenue from forest use for timber harvesting dropped by 16%
March 15, 2024 ` 19:47
According to Roslesinforg, the revenue from use of forests (across all types) grew by 3% YoY in 2023, reaching 74.4 billion rubles. The largest source of fiscal revenue is using forests for harvesting wood. In 2023, the revenue... 
Russian plywood production increased by one-fourth in January 2024
March 15, 2024 ` 19:45
According to the Federal State Statistics Service (Rosstat), the Russian plywood production surged by 25% YoY in January 2024, up to 254,000 m³. Such a high growth rate was caused by extremely poor performance in January 2023 (203,000... 
Russian Timber Journal 01-2024: Interview with Russ Taylor, President of the international consulting company Russ Taylor Global; Sawmilling market in Russia in 2023: reducing production volumes for the second consecutive year; Suez Canal traffic down 60%; The volume of transported timber grew by 12.9% in 2023; VLP Group may purchase Metsä’s timber assets in Russia; Ufa Plywood Mill is listed for sale for 1 billion rubles; In 2023, timber transportation by the Russian Railways network reduced by 9.1%, down to 37.1 million t; As of January 1, 2024, the VAT rate for children’s furniture is reduced from 20% to 10%; Saint Petersburg R&D Institute levied 1.3 billion rubles from IKEA after it refused to build the Mega Shopping Mall
February 20, 2024 ` 19:12
Russian Timber Journal 01-2024: Interview with Russ Taylor, President of the international consulting company Russ Taylor Global; Sawmilling market in Russia in 2023: reducing production volumes for the second consecutive year; Suez Canal traffic down 60%; The volume of transported... 
Russ Taylor: In 2024, it will definitely be a buyer’s market in China
February 21, 2024 ` 19:47
Although Russia’s share of international sawn timber trade does not exceed 16%, Russian products remain an important part of the global market, despite isolated European markets. For Russian sawmills, the focus of international trade is now on the... 
Ufa Plywood Mill is listed for sale for 1 billion rubles
February 8, 2024 ` 17:21
The property portfolio of Ufa Plywood Mill LLC (a subsidiary of Bashkirskaya Timber Company) in Bashkortostan was put up for bidding because of bankruptcy. The initial value of the lot that includes almost 1,700 items exceeds 1 billion... 
Rosleskhoz: the volume of transported timber grew by 12.9% in 2023
February 8, 2024 ` 16:57
In 2023, the total volume of timber transported in Russia increased by 12.9% YoY, reaching 355.7 million m³, as reported by the Federal Forestry Agency (Rosleskhoz). Over 7.6 million electronic accompanying documents for timber transportation were created in... 
Rosleskhoz approved 27 investment projects on timber industry development in 2023
February 8, 2024 ` 16:53
In 2023, The Federal Forestry Agency (Rosleskhoz) approved 27 investment projects on timber industry development (reviewing 15 new applications and endorsing amendments in 12 more projects). These investment projects are aimed at creating new timber processing facilities and... 
A sawn timber production project by Kizirlesprom worth over 3 billion rubles was recognized as a priority project
February 7, 2024 ` 15:27
In March 2023, Yenisey Siberia Development Corporation announced the launch of a major investment project on sawn timber production in the south of the Krasnoyarsk Region. In January 2024, the Ministry of Industry and Trade included this project... 
Saint Petersburg R&D Institute levied 1.3 billion rubles from IKEA after it refused to build the Mega Shopping Mall
February 7, 2024 ` 15:25
The Commercial Court of Saint Petersburg and the Leningrad Region ruled to award 1.3 billion rubles from Ingka Centers Rus Property E (part of Ingka Holding Europe B.V., the company that used to manage IKEA stores and Mega... 
VLP Group may purchase Metsä’s timber assets in Russia
February 7, 2024 ` 15:20
Novy Prospect reports that negotiations are ongoing with several potential buyers of enterprises that used to be part of Metsä Group (Finland), referencing the Natural Resources Committee of the Leningrad Region. This information was confirmed by Oleg Malashchenko,... 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.
