Canada backs Conifex Timber with $30 million tariff loan
Canada grants Conifex Timber Inc. a $30 million loan via the LETL facility to help navigate market and trade pressures in Mackenzie, BC. Conifex Timber-Amid continuing trade disputes in the…
Metsä Wood sharpens its UK growth strategy
Metsä Wood is refining and enhancing its growth strategy in the United Kingdom, aiming to expand its market presence and strengthen its operations within the region Metsä Wood, part of…
Stora Enso to close Veitsiluoto sawmill
Stora Enso concludes negotiations on the permanent closure of Veitsiluoto sawmill Stora Enso has finalised discussions regarding the permanent shutdown of its Veitsiluoto sawmill located in Kemi, Finland. The production…
UK Timber Imports Remain Subdued
UK timber and panel product imports remained below last year’s levels during the first half of 2026, with weaker softwood and plywood volumes weighing on the market, according to the…
The Global Roundwood Softwood Market Faces Constraints
The global roundwood softwood market is facing a range of challenges, with projections indicating an annual growth rate of only about 0.5% through 2035, which is below expectations. The Global…
Why is there such a poor demand for UK roundwood?
The current weakness in UK roundwood demand is real, but it is more complicated than simply “there isn’t enough demand for timber.” The main problem is that demand from the…
Ponsse Rated as Excellent by Retail Investors
Ponsse has been recognised as an outstanding company, earning an Excellent rating from retail investors. Retail investors have rated Ponsse as the fourth most reputable listed company in Finland. The…
Nordic Traction Group Appoints New CEO
Tero Järvinen has decided to step down as Perttu Aho is appointed as the CEO of Nordic Traction Group Tero Järvinen has decided to step down as Chief Executive Officer…
Stora Enso to Centralise Sawill Production
Stora Enso plans to centralise sawmill production in Northern Finland and permanently close Veitsiluoto sawmill Stora Enso is planning to centralise pine timber sawing from its Veitsiluoto sawmill in Kemi,…
EGGER Group Delivers A Solid Result In A Difficult Year
Stability and investment in the future shape the EGGER Group’s 2025/2026 financial year The EGGER Group 2025/2026 financial year was marked by a weak construction market, cautious consumer spending and…