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March 29, 2022

Effects of war in Ukraine on the German timber industry

  Effects of the Ukraine war on the German timber industry are potentially extensive.  The Main Association of the German Wood Industry (HDH ) expects the flow of trade between Germany and Russia, Ukraine and Belarus to come to an almost complete standstill. The association cited the EU sanctions against Russian banks and the difficult situation in the logistics sector as reasons for this, as numerous Ukrainian truck drivers devote themselves to military tasks.  In addition, the loss of raw material supplies and labor could have an indirect impact on imports of wood products, furniture and ...

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