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Metsä Group’s cost-cutting plan expected to pressure entire forest supply chain in Finland

Metsä Group’s newly announced cost-savings programme, aimed at improving profitability after a…

European sanctions put Russian plywood exporter in jeopardy

United Panel Group, once a leading Russian plywood exporter to Europe, has…

Germany’s softwood lumber exports fall sharply in first half of 2025

In the first half of 2025, Germany exported approximately 3.47 million cubic…

Estonia targets plywood re-exports in bid to curb Russian sanctions evasion

Estonia has stepped up efforts to curb sanctions evasion tied to imports…

Germany’s sawmilling industry voices concern over reduced funding for construction initiatives

Germany’s main sawmilling body has criticised the German federal government’s “misplaced priorities”…

Andritz resolves U.S. export control case over Russian-bound machinery

The U.S. subsidiary of Austrian industrial group Andritz has agreed to pay…

France: Log prices hit record highs, but sawn timber lags behind

In economics generally, markets can turn around as quickly as they climbed.…

High wood costs and geopolitical pressures hit Finnish forest industry earnings

Major Finnish forest industry companies reported weaker second-quarter profits this week, as…

Long-time Sveza Group CEO Frishman resigns

Anatoly Frishman, CEO of Sveza Group, one of Russia’s largest forestry holdings,…

Vida advances in European softwood producer rankings, with the Karl Hedin acquisition

Swedish sawmiller Vida has become the third-largest softwood producer in Europe, following…