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October 4, 2023

Large sawmill companies in Estonia forced to reduce production

Sawmills in Southeastern Estonia are continuing to have to reduce output and make lay-offs as uncompetitiveness in domestic prices, partly resulting from high energy prices, and a slump in demand from Scandinavian markets, continue to bite. Estonian timber is often used in the wooden building sector in the Nordic countries. One such firm, Barrus, based in Võru County, had to lay off 48 people at the start of the year, but still is not running at a profit. Barrus CEO Martti Kork told AK that: "While we may still be able to make sales today ...

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