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…
Binderholz Group Acquires Finnish Sawmill
In an exciting move for the timber industry, the European sawmilling powerhouse Binderholz Group has announced its acquisition of Finnish sawmiller Kuhmo Oy. This strategic partnership promises to bolster Binderholz’s…
PM Andy Burnham Urged to Back British Timber
Britain should seize the prime minister’s pledge to implement the largest council housebuilding program since the post-war era as a chance to promote homegrown timber and revitalize the UK’s forestry…
Swedish Softwood Exports Plunge to 2019 Levels
Between January and May 2026, Sweden exported about 5.5 million cubic meters of sawn softwood products, the lowest volume recorded for this period since 2019.. Swedish Softwood exports of sawn…
Nordic Sawmills Struggle to Compete with Central Europe
Nordic sawmills are facing challenges in competing with the lower priced spruce from Germany and Austria. In a significant shift within the timber market, Central European producers have successfully regained…
Timber Industry Is Not Getting Better
Timber harvesting in the UK is facing several pressures at the moment, and many contractors are finding conditions increasingly difficult. The timber industry is currently maneuvering through an ever-evolving landscape…
Södra Reveals Negative Earnings for 2nd Quarter of 2026
Södra, Sweden’s largest forest owners association and Global Forest Industry Group, posted negative earnings for the second quarter of 2026. The quarter was characterised by weak market conditions and depressed…