Archives: October 2023

Bergs Timber receives public takeover offer from Norvik

Norvik hf, through its subsidiary Kivron AB, has publicly announced a takeover offer for Bergs Timber AB at SEK 44 [...]
October 31, 2023 Latest Trends

Pine and spruce log prices continue to decrease in Germany

Germany's timber market is witnessing a sustained decline in the prices of pine and spruce logs, as evidenced by [...]
October 31, 2023 Latest Trends

Weyerhaeuser profit falls as wood products sales fall

U.S. timber giant Weyerhaeuser reported a fall in third-quarter profit on Thursday, hurt by lower sales of its [...]
October 31, 2023 Latest Trends

Homag plans production capacity adjustments

In response to a significant decrease in order intake at Homag, coupled with reduced gross margins in new business and [...]
October 31, 2023 Latest Trends

Sweden: Significant rise in log prices in Q3/2023

The prices for timber in Sweden have experienced a notable surge. During the third quarter of 2023, there was a [...]
October 27, 2023 Latest Trends

Birch plywood shortage in Europe spurs search for sustainable alternatives

The shortage of birch plywood in Europe due to the Ukraine conflict has opened the door, says plywood manufacturer Garnica [...]
October 27, 2023 Latest Trends

Can paulownia replace spruce in European construction?

The European market for timber framing and construction is today dominated by spruce-based products. The available standing volume is [...]
October 27, 2023 Latest Trends

Latvia: Mixed trends in wood prices

In the first half of 2023, the prices of pine sawlogs in Latvia experienced a slight decrease across all diameter [...]
October 27, 2023 Latest Trends

Belgian Foresco to acquire pallet trader Palletcentrale

Palletcentrale, a well-established player in the procurement, sale, repair, and manufacture of pallets for over 54 years, is being [...]
October 27, 2023 Latest Trends

Recovery in European construction sector expected in 2025, says Euroconstruct

The continuation of the war in Ukraine and the severe energy crisis, along with the sudden changes in monetary policy [...]
October 26, 2023 Latest Trends