Europe’s Timber Markets Tighten
Europe’s timber market tightens as demand recovers and supply constraints deepen by 2030, a new outlook report finds Europe’s Timber Markets are a major player in global softwood lumber markets,…
Kesla Oyj to initiate a restructuring and structural review process
Kesla Oyj to initiate a restructuring and structural review process for its business and financial situation Kesla Oyj’s operating environment has remained exceptionally uncertain for more than two years, which…
Finland’s timber trade has experienced a significant decline.
Finland’s timber trade saw a steep decline during the third quarter of the year. Finland’s timber trade drops sharply as prices hold firm in Q3. According to the industry association…
Sanctions Affect Tobol Timber as Russia’s Forestry Deteriorates
Unpaid taxes and an increase in the value of the Ruble have led Siberia’s largest timber firm, Tobol Timber, to file for bankruptcy. Russia’s Federal Tax Service has submitted a…
Climate Change-The financial impact for forestry in Europe
Climate change-induced wildfires, floods, heatwaves and pest outbreaks could wipe out up to €247 billion in standing timber by 2100—double today’s €115 billion estimate—unless managers completely re-examine decades-old forest practices,…
Fighting wildfires in an era of climate change
Fighting wildfires in an era of climate change: Finnish innovations on the frontlines From California to the Mediterranean, and now even in the far north of Europe, wildfires are increasingly…
Sweden and Finland want the EU to revise forestry climate targets
Sweden and Finland are calling for a fresh look at the EU’s forestry climate targets! These northern nations recognize the critical importance of reevaluating strategies to effectively tackle climate change…
Smuggled Russian timber has been discovered in UK homes.
Smuggled Russian timber—Think Timber—a UK packaging and distribution company—has introduced a QR-coded system to ensure traceability from forest to building site. Smuggled Russian timber-A recent forensic investigation has revealed that…
Turkey Plants Fire Resistant Species In Fire Damage Forests
Turkey is Reforesting Fire Damaged Forestry Areas with Fire Resistant Species Fire resistant species are reforesting fire-ravaged areas to strengthen resistance against future blazes, Agriculture and Forestry Minister Ibrahim Yumakli…