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Keyword: war

Logging volume in Russia decreased due to export restrictions; lumber prices drop

During the first quarter of 2022, logging in Russia fell by 2.4%, from 70.7 million cubic meters to [...]

Other Finnish forestry companies continue to operate in Russia

Except Stora Enso, the two other Finnish forestry giants have not announced any changes in their operations in Russia. Timber [...]

The effects of the war in Ukraine are still unclear for the Finnish forest industry

The Finnish forest industry had already prepared for export restrictions.    "The situation is very unclear," commented [...]

Finnish forest technology manufacturer cancels orders to Russia due to sanctions

Kesla, a manufacturer of forest machine technology, has canceled deliveries of approximately EUR 10 million from its order backlog to [...]

Ukraine war: Supply of woodworking machinery from Germany into Russia to be reduced

Sanctions imposed by the European Union on Russia in connection with the military invasion in Ukraine have limited operations on [...]