Europe

Pandemic to hit harder the EU furniture industry than the last financial crisis

It is far too early to assess the full impact of COVID-19 on EU furniture imports this year, but [...]

Coronavirus: German timber trade companies consider current business as satisfactory

German timber trade companies are affected by the coronavirus crisis in very different ways: companies that sell wood have had [...]

Impact of the coronavirus pandemic on the European Green Deal

Measures to contain the COVID-19 (novel coronavirus) pandemic have led to a dramatic reduction in travel and economic activity [...]
April 22, 2020 Latest Trends / Forestry / ...Sawmilling / Europe

Coronavirus: Skyrocketing timber prices in China as global supply falls sharply

In the recent period, coronavirus pandemic has reduced logging in many countries, overseas container costs and sea freight prices have [...]

Italian furniture companies warn of “economic catastrophe” unless factories reopen next week

The nine signatories of a new manifesto are pleading to reopen their factories    Though there’s [...]

Trade of logs in Finland falls drastically

    Trade of roundwood in Finland continued at a slow pace in February. In January and in [...]

Bankruptcy proceedings for Klausner’s US sawmill operations

Austrian company Klausner, which began operation in US back in 2015 has filed for insolvency.    Bankruptcy [...]

EU parquet market severely hit by the coronavirus crisis

The European parquet markets had generally well started the year showing stable to slightly positive trends in January and February [...]

Vietnamese wood processing companies have suspended or reduced operations

Vietnamese wood processing firms have reduced production or suspended operations as most of the major importing countries for their products [...]