Europe

Välinge’s parent company acquires Croatian furniture maker

Pervanovo, the parent company of Bjelin industries in Croatia and Välinge Group in Sweden, has through its subsidiary V [...]

Estonian wood sector companies faced with inevitable layoffs

    Problems with economic performance have forced several woodworking companies in Estonia to optimize their production volumes [...]
November 15, 2022 Latest Trends / Market Analysis / ...Forestry / Sawmilling / Europe

Bergs’ interim results reflect deteriorating market situation

Sweden-based wood products producer Bergs Group has published its interim results showing how it is being negatively impacted by [...]

JAF Group to acquire DLH Poland and DLH Slovakia

    The JAF Group - a supplier of wood and wood-based products in 16 countries around the [...]

Indonesian timber imports into the EU threatened by new deforestation law

    Indonesian officials have slammed the European Union’s proposal of a regulation that they say negates [...]

Global economic slowdown overshadows near-term market outlook for the wood industry

Most countries in the world are experiencing slower economic growth or economic contraction. Certainly, those with global influence are performing [...]

Latvia: Wood prices have reached a temporary low, no further falls expected

    Latvian wood processing company SIA "Kronus" predicts for the fourth quarter of 2022 that wood prices [...]

The capacity utilization rate of Russian timber companies is less than 50%

The sharp drop in Russian timber product exports following the imposition of EU sanctions is not surprising to all parties [...]

Estonia: Softwood log prices continue to fall in Q3/2022

    The ongoing war in Europe and the energy crisis caused by Russia have led to abnormal [...]

Ocean freights drop sharply as global trade slows down

In 2021, the skyrocketing shipping prices have made the world's major shipping companies more profitable, but now, such good [...]