Austria: Current conditions for the parquet industry are very challenging

The Austrian parquet industry held its traditional annual meeting this year in…

Kronospan subsidiaries in Ukraine to receive 30-mln euro loan from EIB

The Austrian manufacturer of wood-based panels Kronospan is planning to raise a…

German wood industry calls for stable policy frameworks

With a joint appeal, the associations The Forest Owners (AGDW) and the…

Global wood markets face continued struggles with rising costs and trade disruptions

As August came to a close, the global wood products sector remained…

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…

Hurricane Helene impacted around $1.28 billion in timber resources in Georgia

The Georgia Forestry Commission (GFC) said they estimated a total timber resource…

Finnish forestry industry has turned the corner, log prices will stabilize next year

The economic turnaround for the Finnish forestry industry has already occurred, but…

James Jones & Sons to acquire HG Timber

James Jones & Sons, a family owned and managed forest products company,…

Metsä Group plans to stop plywood production in Suolahti, due to low profitability

Metsä Group plans to close the Suolahti birch and softwood plywood factories…

Russia continues to reduce timber export volumes in 2024

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