Raute updates the 2025 financial report to analyse the landscape for engineered wood products equipment

Raute updates its 2025 financial outlook, lowering its net sales forecast & construction market uncertainty, yet maintaining strong profit.

How is the UK timber market doing? Let’s have a peek

UK softwood prices and demand experience a dip as the summer slowdown impacts the timber industry. Here's what this means…

German sawmill braces for the lowest production as construction slumps

German sawmills face a historic low production due to a severe construction slump, high costs, and new EU traceability mandates,…

UPM business faces potential divestiture as its strategic review reveals

UPM initiates a strategic review of its Plywood business, including potential divestiture or IPO to signal a major shift for…

Finland sees a drop in roundwood prices in August 

Finland's roundwood prices dropped in August, signaling a cooling market. The decline is driven by reduced industrial demand and high…

Tarkett consolidates European wood production, shifts focus to Serbian hub

Tarkett shifts its flooring production from Poland to its established Serbian facility, a strategic move to centralise operations and enhance…

Billerud initiates a cost-saving programme to sustain paper and packaging

Billerud launches a major cost-saving programme targeting €800 million in savings to boost long-term profitability amidst a challenging European market.

Stora Enso analyses the shifting wood market in its latest report

Stora Enso acknowledges ongoing instability in the wood market, citing geopolitical and economic factors, but notes resilient demand.

Segezha Group decides to lay off at the Novoeniseysk sawmill

Segezha Group announces 350 job cuts at Novoeniseysk sawmill in Lesosibirsk, Russia, citing economic challenges and declining export demand.

Kährs shines in Q2 2025 with a growth in consumer sales

Kährs Group reports a strategic win with strong consumer sales growth in the US and Europe in Q2 2025, buoyed…