Segezha Group plans €980 million SPO to manage debt

The forestry holding Segezha Group plansto place an additional share issue by…

Austria and Germany welcome EUDR postponement but call for urgent revision

On December 3, 2024, the European Union provisionally agreed to delay the…

Germany: Wood market under pressure due to economic instability and weak construction sector

The German timber industry is entering a period of significant change. As…

UPM to cut 88 jobs

UPM will terminate a maximum of 88 jobs as a result of…

Tough times for Swedish sawmills, but a glimmer of hope for spring

The year has remained tough for Swedish sawmills. Despite slight increases in…

Kronospan launches €200 million OSB plant in western Ukraine

Kronospan Rivne, part of the international Austrian corporation Kronospan, has launched a…

French sawmills struggle with falling sawn timber prices

The spruce market in France is becoming more complicated. At the end…

German Ziegler Group files for insolvency

The Ziegler Group holding company filed for insolvency at the Weiden District…

More Ziegler subsidiaries file for insolvency

On November 20, Ziegler Holding GmbH, a company with 75 years of…

Finnish sawmill industry: Log prices outpace wood product prices, market remains weak

The production of softwood lumber reached 8.1 million cubic meters between January…