Companies in the timber industry

Recovery of the European wood flooring market driven by renovation

The south of Europe which had experienced the toughest restriction measures during spring had been harshly hit but its parquet [...]

IKEA loses 1.5 billion euros due to coronavirus crisis

     IKEA announced retail sales of 35.2 billion euros in the financial year to September. That [...]

Sawmills in Sweden defy coronavirus crisis

Current situation of the Swedish forest industry     Swedish demand for sawn wood products has decreased by [...]

Homag to create a new business segment

The Homag  Group intensifies its activities in the new market segment Construction Elements Solutions by acquiring 80% of the shares [...]

Finland: Sawmills struggle to pay for raw materials due to low export prices of lumber

Almost 500 million cubic meters of lumber were produced worldwide last year, of which almost three quarters were coniferous lumber [...]

Russian plywood more competitive on the European market

Indonesian plywood supply is also reported to be almost back to normal, albeit with freight rates increasing costs. One importer [...]

Germany: Hardwood and softwood industry impacted differently by the corona crisis

Half a year after the first survey, the German Sawmill and Wood Industry Association (DeSH) asked its members again about [...]

UPM cuts up to 170 jobs in Europe

    As a result of the weakening world economic outlook as well as the COVID-19 related [...]