Sawmill industry in Austria forecast at record levels in 2018

Sawmill industry in Austria forecast at record levels in 2018
Wood processing in Austria has benefited from the vibrant construction economy at home and abroad for more than 3 years. In 2017, industry sales increased on average by 4.4 per cent to EUR 8.7 billion, predominantly driven by booming residential sector.     "In 2018, the demand for timber and wood products received a further boost due to the sharp increase in domestic commercial construction and additionally recorded even stronger export growth than in the previous year. The nominal sales growth of 7.2 per cent during the first three quarters is not expected to cool ...

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