Europe

Sweden’s sawmill giants post considerable rise in sales and profits for 2021

    Three of Sweden's largest sawmilling groups, SCA, Holmen and Setra posted more than expected financial [...]

Mayr-Melnhof completes acquisition of Bergkvist Siljan; becomes Europe’s 3rd sawmill group

    The Austrian competition authorities approved the acquisition of Bergkvist Siljan AB by Mayr-Melnhof Holz, one [...]

Euroconstruct: Dynamic recovery in European construction in 2021 and 2022

According to the new estimate, the total construction output in the Euroconstruct area decreased by 4.7% in 2020, a [...]

EU to initiate WTO dispute regarding Chinese restrictions on (timber) trade with Lithuania

The European Union has requested WTO dispute consultations with China concerning alleged Chinese restrictions on the import and export of [...]

Sweden’s sawmill industry reports record production in 2021; outlook positive for 2022

    Analysts predicted that 2021 would be a new record year for the Swedish sawmill industry as [...]

Crisis growing in the Irish forest industry

    According to the Construction Industry Federation (CIF), Ireland’s forest industry remains in crisis. Delays in [...]

2022 global wood pellet market outlook

The industrial wood pellet markets have been growing at an annualized rate of about 1.66 million metric tonnes per [...]

COVID casts long shadow over the European furniture sector

    For the European furniture sector, as in other industries, the COVID pandemic is casting a long [...]

High prices in the German wood market

In November 2021, German forest owners increased their income from the sale of spruce logs by around 50%. Overall, producers [...]