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September 27, 2023

Russian wood processing companies start to increase production

The volume of wood processing products has increased in the Northwest and Siberia regions due to improved logistics and increased domestic demand. This is partly due to subsidies reducing the transportation costs of transporting timber to Asia by rail and sea, allowing exporters to expand eastward transportation. At the same time, the report points out that domestic demand for wood products is supported by the real estate market and furniture production. One of the trading companies significantly exceeded last year's sales of cabinet furniture in 2023. According to the portal website Kirov Business News, a wood ...

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