Archives: September 2023

Ponnse completes sale of subsidiary in Russia

Ponsse Plc has completed the sale of all shares in OOO Ponsse, its subsidiary that provided Ponsse services in Russia [...]
September 23, 2023 Latest Trends

Ongoing investments in the Finnish sawmill industry, despite weak markets

The competitiveness of Finnish sawmills has been maintained through investments. One example of that is Kuhmo Oy, whose 50 million [...]
September 22, 2023 Latest Trends

Romanian wood industry faces crisis as production plummets and prices soar

Romania's wood industry is grappling with an unprecedented crisis in 2023 as production levels spiral downward and prices skyrocket [...]
September 22, 2023 Latest Trends

The Austrian sawmill industry and the timber trade are calling for investments to combat the crises

"After the heat wave, there is a threat of frost," is how DI Markus Schmölzer, chairman of the Austrian [...]
September 22, 2023 Latest Trends

Metsä Group started up its Kemi bioproduct mill

Metsä Group's Kemi bioproduct factory has started production this Wednesday. It produces 1.5 million tons of softwood and [...]
September 22, 2023 Latest Trends

VMG Group to start LVL and I-joist production plant in Lithuania

VMG Group together with real estate development company in Lithuania Hanner and Baltic Industrial Fund II managed by Braitin opened [...]
September 20, 2023 Latest Trends

17 producer countries protest against EU Deforestation Regulation

Indonesia and Brazil led over a dozen countries in seeking a voice in the European Union’s implementation of the [...]
September 20, 2023 Latest Trends

Austria: Declining construction activity decreases demand for softwood roundwood

Austrian economic performance continues to decline. According to economic assessments, a trend reversal is not expected soon, as the decline [...]
September 20, 2023 Latest Trends

Germany: Pellet prices continue to fall in September

The price of wood pellets fell for the third month in a row in September. On average, one ton [...]
September 20, 2023 Latest Trends

Austrian sawmill industry could decrease production by up to 20% in 2023

“After the heat wave, there is a threat of frost,” is how DI Markus Schmölzer, chairman of the Austrian [...]
September 19, 2023 Latest Trends