John Deere Forestry acquires Risutec’s business operations
John Deere Forestry Oy has acquired the business operations of Risutec Oy, a company specialising in mechanized forest planting solutions [...]
February 21, 2026
Companies in the timber industry / Latest Trends
Italy: Saviola Group secures €200m bank funding package to support investments
A €200 million bank funding package has been approved for leading Italian wood-based panels producer Saviola Group to support [...]
February 14, 2026
Companies in the timber industry / Latest Trends
IKEA to adjust China strategy with store closures and compact formats
IKEA is restructuring its retail footprint in China, planning to close seven large-format stores while accelerating the rollout of [...]
February 10, 2026
Companies in the timber industry / Latest Trends
Metsä Group to restart Joutseno pulp mill as Rauma mill enters month-long production shutdown
Metsä Group announced that operations at its Joutseno pulp mill will restart on Monday, 8 December 2025, following a production [...]
December 4, 2025
Companies in the timber industry / Latest Trends
Arauco reports 11% revenue decline in third quarter 2025
Arauco reported revenues of USD 1,509.5 million in the third quarter of 2025, marking an 11% decrease compared [...]
November 28, 2025
Companies in the timber industry / Latest Trends
Fritz Egger announces retirement
Fritz Egger, who held key positions in the Egger Group for decades, has announced his retirement. Along with his brothers [...]
November 21, 2025
Companies in the timber industry / Latest Trends
UPM introduces spruce-based LNG plywood as demand rises
UPM has launched a spruce-based plywood grade for use in the insulation systems of liquefied natural gas (LNG) cargo [...]
November 21, 2025
Companies in the timber industry / Latest Trends
Metsä Group confirms major staff cuts as softwood lumber market remains weak
Metsä Group has concluded the change negotiations in Finland that began in October as part of its extensive cost-saving [...]
November 14, 2025
Companies in the timber industry / Latest Trends
HS Timber Group to acquire Setra’s Malå Såg in Sweden
The Austrian HS Timber Group has agreed to acquire 100% of Swedish wood processor Malå Såg AB from Setra [...]
October 30, 2025
Companies in the timber industry / Latest Trends
Södra to cut 200 jobs as market pressures mount
Södra will lay off 200 employees across its operations in Mönsterås, Mörrum, Värö, and V [...]
October 9, 2025
Companies in the timber industry / Latest Trends
