Register

Furniture

IKEA plans to sell its four plants in Russia

The Swedish retailer IKEA plans to sell its plants in Russia.    The group said its retail [...]

Skyrocketing wood prices in Japan due to Ukraine war

The war in Ukraine has inflated the cost of timber in Japan.    Russia’s retaliatory measures [...]

One of the largest Baltic wood product groups suspends business in Belarus

    After stopping the construction of a new plant in Vitebsk, one of the largest wood and [...]

Russian factories continue to produce IKEA’s furniture under their own brands

Once IKEA left Russia, the local furniture factories continued to produce IKEA’s furniture under their own brands.   [...]

Russian imported plywood will be ‘hard to replace,’ says US hardwoods group

As of April 8, the U.S. has suspended normal trade relations with Russia and Belarus, immediately raising tariffs on [...]

European veneer consumption rebounds sharply in 2021

Consumption of hardwood veneers in the EU27+UK was already falling in 2019 before the onset of the pandemic driven [...]

Encouraging revival in Italian hardwood market

One of the more encouraging, not to say surprising, hardwood market trends in 2021 was a strong revival in demand [...]

List of Russian wood products banned by the EU

The European Union has agreed on a new sanctions package, including an embargo on Russian wood imports for invading Ukraine [...]

Companies in the German timber industry expecting tough times due to ongoing supply chain problems

The war in Ukraine causes the business climate index in the German timber industry to fall drastically. The current order [...]

Latvia’s timber industry heavily impacted by trade suspension with Russian and Belarus

Sanctions of the European Union (EU) and other countries against Russia and Belarus will also affect the Latvian timber industry [...]