Holzindustrie Schweighofer rebrands itself

The Holzindustrie Schweighofer Group has given itself a new name and presents itself with a gentle relaunch of the brand identity: The Holzindustrie Schweighofer Group becomes the “HS Timber Group”. The production units of the group, ie the three sawmills and a solid wood plant in Romania (Sebes, Radauti, Reci, Siret)…

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March in Vienna to save Romanian forests

Hundreds of people protested on Friday in front of the Vienna Ministry of Environment, against cutting down forests in Romania, organizers demanding Austrian companies take responsibility. Representatives of Agent Green, organizers of the protest, say they brought the message “Save Romanian Primary Forest” to Vienna. “Surprise today in Vienna, where…

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Falling roundwood prices in Estonia

The year 2019 is marked by falling roundwood prices in large parts of Central, Northern and Eastern Europe. In particular, the spruce is under price pressure due to extensive bark beetle infestation, even in countries such as Estonia, which themselves have not encountered damage by the bark beetle. From August…

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Implementation EU FLEGT in Indonesia

The EU FLEGT Facility has issued a briefing note that draws lessons from three years of Forest Law Enforcement, Governance and Trade (FLEGT) licensing in Indonesia. Indonesia was the first country in the world to start issuing FLEGT licences in 2016. From November 2016 to July 2019, Indonesia issued a…

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Australia’s forestry sector strong in export markets

An Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) report released today highlights continued growth in Australia’s forestry sector thanks to strong export performance. ABARES acting Executive Director, Peter Gooday, said Australian forest and wood products statistics, March and June quarters 2019 reported the fifth consecutive year of…

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Conifex Timber’s lenders approve restructuring plan

Conifex Timber announced that the agent for its lumber segment lenders approved in principle Conifex’s proposed asset divestment and restructuring plan. According to the announcement, the plan also provides additional credit support to Conifex to fund operations while it implements its asset divestiture plan. Pursuant to the plan, Conifex will…

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