Poland’s timber industry facing dark clouds: debts mounting due to export restrictions and rising cost
At the end of January, the debts of furniture manufacturers in Poland amounted to PLN 336 million (approximately €70.56 million), marking an increase of 23 percent compared to the previous year, according to a report by BIG InfoMonitor. The wood industry is encountering significant changes intended to secure Poland's forest resources, while Polish companies exporting wood are losing key sales markets, the report added. Notably, the government has imposed restrictions on the export of wood outside the EU, including to China, which had been the third-largest recipient of this raw material from Poland. The furniture sector ...
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