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Stora Enso to implement a EUR 120 million cost-cutting programme as market uncertainty rises

Stora Enso is implementing a cost-cutting programme of Euro 120 million targeting reductions in variable and fixed costs, as [...]

Finland: Lumber production rises in 2018

    Production volumes of the Finnish sawmills in the fourth quarter of 2018 fell slightly as compared [...]

Bankrupt Norske Skog acquired by Oceanwood

Investment funds managed by Oceanwood Capital Management Limited have now acquired 100% of the shares in Norske Skog AS following [...]

Overview of the wood processing industry in Guangdong Province, China

During the last few years, once with the increase in demand for wood processing products in Guangdong Province, Southeast China [...]

Stora Enso might convert Oulu mill in Finland

Stora Enso has started a feasibility study and an environmental impact assessment (EIA) for a possible investment in Oulu mill [...]

Overview of the Russian wood based products market

The main wood based products in Russia have met a growing demand once with more favorable export markets in 2017 [...]

Finland: Export of sawn goods set to grow and prices to rise

New investments in the Finnish forestry sector will have a significant impact on production figures both for 2018 and 2019 [...]

UPM to sell its Myllykoski mill site

UPM sells its Myllykoski mill site and premises, located in Kouvola, Finland, to Redeve Oy. The buyer is specialised in [...]