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.
Rosleskhoz: 11 investment projects on wooden housing construction are being implemented in the Northwestern Federal District
September 28, 2023 ` 18:59
The greatest number of priority investment projects in the forest sector is concentrated in the Northwestern Federal District. Specifically, 11 of them are aimed at producing structures and materials for wooden housing construction, as reported by the press... 
Association of Furniture and Woodworking Enterprises of Russia: In H1 2023, the Russian furniture output increased
September 28, 2023 ` 18:55
Based on the H1 2023 performance, the furniture output in physical terms grew by 8.6% YoY, up to 28.8 million units, as reported by Kommersant referencing data from the Association of Furniture and Woodworking Enterprises of Russia. Particularly... 
Russian Timber Journal 07-2023: interview with Segezha Group President Mikhail Shamolin after the announcement of the company’s financial and operating results for Q2 2023; Russian timber industry in 1H 2023: cautious signs of recovery; Mondi announces agreement to sell Mondi Syktyvkar; transaction on International Paper stake buyout by Russian shareholders is closed; Cherepovets Plywood and Furniture Plant and VLP Group have completed a major investment project on building a plywood mill in the Vologda region; Association of Furniture and Woodworking Enterprises of Russia: in H1 2023, the Russian furniture output increased; President of the Russian Federation instructed to accelerate the issuance of documents for building multi-story wooden houses
September 28, 2023 ` 18:39
Russian Timber Journal 07-2023: Mikhail Shamolin, President at Segezha Group: “The price levels we have now reached reflect the current global situation”; Russian timber industry in 1H 2023: cautious signs of recovery; Mondi announces that it has entered into an... 
Mikhail Shamolin, President at Segezha Group: “The price levels we have now reached reflect the current global situation”
September 28, 2023 ` 18:46
At present, Segezha Group is the only Russian timber enterprise publicly traded in the stock market. On August 29, the Group submitted the Q2 2023 report and held a conference call with the management team to discuss its... 
Cherepovets Plywood and Furniture Mill and VLP Group have completed a major investment project on building a plywood mill in the Vologda region
September 25, 2023 ` 11:41
On September 22, 2023, Plitwood officially started producing large-sized plywood at a facility with a production area of 45,000 m² in Vokhtoga settlement, Vologda Region, with a capacity of 180,000 m³ per year. As reported in the company’s... 
Sale of Ponsse’s subsidiary in Russia completed
September 20, 2023 ` 20:36
Ponsse Plc completed the sale of all shares in OOO Ponsse, its subsidiary that provided PONSSE services in Russia and Belarus. After the conditions of the transaction were met, Ponsse’s business operations in Russia transferred to OOO Bison,... 
Mondi announces agreement to sell Mondi Syktyvkar
September 18, 2023 ` 19:46
Mondi announces that it has entered into an agreement to sell its last remaining facility in Russia, Joint Stock Company Mondi Syktyvkar to Sezar Invest LLC for a total cash consideration of RUB 80 billion (approximately €775 million... 
Segezha Group announces its unaudited consolidated financial and operating results for Q2 2023
August 31, 2023 ` 17:47
Revenue was up 13% QoQ to RUB 21.1 billion, driven by the increased sales volumes of the Group’s finished products. The weakening of the rouble against major foreign currencies also had a positive impact. OIBDA increased 2.7 times... 
Sibtara Company is planning to increase its production capacity
August 30, 2023 ` 17:03
Sibtara Company LLC (Altay Region) that produces corrugated packaging intends to commission a new production line by the end of 2023, reports Interfax Siberia referencing Yury Skhomenko, founder of Sibtara. After the expansion, the production output will increase... 
Association of Furniture and Woodworking Enterprises of Russia: the growth of melamine prices is now under control
August 30, 2023 ` 16:42
On July 6, an inter-agency meeting was held the Ministry of Industry and Trade, initiated by the Association of Furniture and Woodworking Enterprises of Russia and attended by the Department of Light Industry and Forestry Complex, as well... 
Ormatek will start producing furniture and mattresses in the Rostov Region
August 28, 2023 ` 16:53
Ormatek, a company producing and selling sleeping goods, is planning to start making mattresses and furniture in the Rostov Region by the fall of 2023, as was announced at the Innoprom Forum in Yekaterinburg. According to the Investment... 
Mikhail Mishustin announced the need to create new pulp & paper mills in Russia
August 28, 2023 ` 16:25
The Russian timber industry needs to upgrade its facilities for more value-added wood processing, which specifically involves creating modern pulp & paper mills, declared Mikhail Mishustin, Russian Prime Minister, at the Innoprom 2023 exhibition. Only a few large... 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.
