Archives: July 2018

Italy’s Enel Group sells biomass business for EUR 335 million

    The Enel Group has reached an agreement with F2i SGR for the sale of the entire [...]

Latvijas Finieris Group plans investments of EUR 200 million this year in boosting production capacity

Latvijas Finieris Group reached a turnover of 229.1 million euros in 2017, which is 7% more than in 2016 [...]

German imports of wood products revive this year

In 2017, total German imports of wood products (including all those in HS 44 and wood furniture in HS 94 [...]

International Yacht industry urges for collaboration with Myanmar on sustainable teak

An international alliance of yacht sector and associated organisations has cautioned against a ban on trade in Myanmar teak. Instead [...]

Bergs Timber announces management changes; Sampsa Auvinen leaves the company

    Swedish sawmiller Bergs Timber has announced organisational changes following its acquisition of Norvik Timber Industries’ Baltics [...]

Construction sector in Italy drives up wood products imports

Italy’s rise in timber imports in 2017 is a key indicator of the sector’s recovery. Overall, Italy’s [...]

UK timber trade affected by Brexit and currency fluctuations

    The UK Timber Trade Federation (TTF) reports that the last two years’ have been volatile due [...]

Beaulieu Group in Belgium bought two privately-owned companies in Canada and Australia

    Beaulieu International Group (B.I.G.) announces the acquisition of two privately-owned companies, Beaulieu Canada [...]

Timber purchasing decisions heavily influenced by EUTR

Much timber trade policy discussion in the EU now focuses heavily on developments in the EU Timber Regulation (EUTR) which [...]

Roundwood prices in Estonia in May go higher than last year

    Roundwood prices in Estonia reached record-highs during the beginning of 2018, and especially in April [...]