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Russia

308 posts

VLP invests over €20 million in former Hasslacher sawmill in Russia

Starting this year, the group will invest over 2 billion rubles (€20…

Russian forestry industry sees financial growth in 2024

In Q3 2024, revenue from Russian forestry products reached RUB 620 billion…

Russian plywood exporters seek to diversify markets

With European sanctions cutting off traditional markets for Russian plywood, manufacturers have…

Kährs Group has divested its Russian operations

Kährs Group  announced the divestment of its previously isolated business unit and…

Segezha Group plans €980 million SPO to manage debt

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

Segezha Group plans €980 million SPO to manage debt

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

Russian Segezha Group responding to market challenges after sanctions

Russia’s Segezha Group is actively exploring new export channels and routes to…

How Russian birch supply cuts are leading to plywood mill closures in Finland

Metsä Group recently announced the closure of its birch and softwood plywood…

EU opens formal investigation into Chinese hardwood plywood dumping; suspected of originating from Russia

The European Commission has launched an anti-dumping investigation into imports of hardwood…

Russia continues to reduce timber export volumes in 2024

In January-July 2024, Russian forestry companies reduced their timber exports. According to…