Companies in the timber industry

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 [...]

Survey – Impact of coronavirus pandemic on the Brazilian timber sector

The economic impact of the coronavirus pandemic and the measures adopted to try and slow its spread are having a [...]

Segezha Group to build a large new plywood mill

Russian Segezha Group has received permission from the Galich city administration in the Kostroma region to build a plywood mill [...]

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 [...]

Russia: Exports of softwood lumber fall due to low demand in China

In the first two months, Russia exported 5% less softwood, including planed timber, compared to the same period in the [...]

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 [...]