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May 3, 2022

Russian timber companies ask for state support due to sanctions

Russian timber companies ask for state support due to sanctions
Russian business associations "Opora Rossii" and "Business Russia" sent a set of proposals to Deputy Prime Minister Victoria Abramchenko on measures to support the Russian domestic timber industry. The timber merchants highlighted the main problems of the industry: logistics, unavailability of imported equipment, difficulties in attracting financing and servicing debts. Market participants note that now it is necessary to solve not only the problems associated with sanctions, but also long-term issues that have become as acute as possible.    One of the main proposals reflected in the document is the inclusion of the Russian forest industry ...

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