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Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Sawmilling / Wood Products / Wood-based panels / Global / Russia
June 1, 2022

Russia plans measures to support the timber industry in the context of sanctions

Russia plans measures to support the timber industry in the context of sanctions
At present, Russia's forest products industry is facing a series of consequences caused by EU sanctions against Russia. For example, rising prices of raw materials and accessories, disruption of logistics with Europe, the suspension of many European companies' operations in Russia, and the departure of major manufacturers of logging and wood processing machinery and equipment from the Russian market. Obviously, in the context of increased sanctions, Russian timber companies urgently need support at the federal and regional levels.    Russian Federation Prime Minister Mikhail Mishustin recently revealed that the government is considering additional support for companies ...

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