Ponsse sells its subsidiary in Russia

Ponsse Plc has sold all shares in OOO Ponsse, its subsidiary that…

Russia reduces production of wood pellets by 10% due to lack of export markets

At the end of 2021, about 2.5 million tons of wood fuel…

The market situation for lumber and plywood in Europe is hot this summer

The cessation of imports of lumber and plywood from Russia and Belarus…

FEP calls EU authorities to limit oak exports

After significant progress in the European parquet consumption in 2021 as well…

Sanctions on Russia negatively impact Australia’s construction industry

With supplies of key laminated veneered lumber (LVL) and engineered wood products…

Impact of the war in Ukraine on the Finnish forest sector

Last year, less than nine million cubic meters of wood and wood…

IKEA to sell its four plants in Russia

The Swedish retailer IKEA plans to sell its plants in Russia. The…

Wood prices in Germany: spruce 50% more expensive – new record prices

While the world market prices for wood are falling, there is no…

“Timber prices going up daily” in Europe due to Ukraine war, architects complain

European architects and designers are struggling to source wood for their projects…

Finland: Lumber prices start to fall sharply

Uncertainty is already visible in Finland’s lumber market, and demand and prices…