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.
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,... 
Russian producers continue to report consistently high MDF/HDF sales
January 23, 2024 ` 19:26
As of late December 2023, WhatWood estimates the Russian output of MDF/HDF and fiberboard in 2023 at 3.8 million m³ (+7% YoY), as reported in the monthly price review Market of Wood-Based Panels in Russia. This performance will... 
Forest area and the number of Chain of Custody enterprises certified by the “Forest Etalon” system have doubled since last year
January 23, 2024 ` 19:28
The voluntary forest certification system “Forest Etalon” was consistently expanding in 2023: 506 certificates were issued as of December 2023 (440 Chain of Custody and 66 Forest Management Certificates). 8.58 million ha of forest was certified by the... 
Paper and cardboard production site worth 3.5 billion rubles is planned in the Nizhny Novgorod Region
January 23, 2024 ` 19:18
The expert board of the Kulibin Special Economic Zone (Dzerzhinsk) approved an application worth over 3.5 billion rubles from KBK Oka LLC, as reported by the Investment Portal of the Nizhny Novgorod Region. The company is planning to... 
Association of Furniture and Woodworking Enterprises of Russia: furniture production in Russia surged by 33% in 2023, up to 66.7 million pieces
January 22, 2024 ` 22:47
Production of kitchen furniture (tables, cabinets, etc.) soared the most—by 81%. The output increased by 23% YoY in monetary terms, up to 438 billion rubles (it was 356 billion rubles in 2022). Furniture prices in the domestic market... 
A value-added wood processing plant for antioxidants and prebiotics extraction will be built in the Amur Region
January 22, 2024 ` 22:44
Ametis-Pharm, a new resident of the Amurskaya Advanced Development Territory, is implementing a project on building a value-added wood processing plant to extract unique natural substances from Dahurian larch — dihydroquercetin and arabinogalactan that have antioxidant and prebiotic... 
Komi started producing laminated MDF
January 22, 2024 ` 22:41
A medium-density fiberboard plant in Zheshart, Komi, started producing laminated MDF. This is a new product and a new finishing material for the region as a whole. According to Vladimir Pelevin, Production Site Manager at Zheshart PBL, the... 
In 2024, Askona is planning to open up to five new hypermarkets
January 18, 2024 ` 23:29
Askona Group is planning to open three to five new hypermarkets in 2024, as Alexander Manenok, Group CEO, shared in an interview with TASS. In summer 2023, the company opened its first hypermarket in Moscow called Askona Home.... 
Segezha Group started shipping laminated beams and CLT from Sokol to China
January 18, 2024 ` 23:27
In December, Segezha Group made the first shipment of laminated beams and CLT to Chinese customers. The train with two containers of laminated beams (105 m³) and two containers of CLT panels (100 m³) has already arrived in... 
Particleboard producers are trying to load their laminating facilities as much as possible
January 18, 2024 ` 23:24
As of late December 2023, WhatWood estimates the 2023 particleboard output in Russia (including laminated particleboard) at 7.7 million m³ (+15 YoY). The annual utilization of production facilities was 86% (not counting non-operational facilities) compared to 74% in... 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.
