Johanna Lindén will assume the role of CFO at the wood industry company Setra on 16 September. She has extensive experience in the wood industry and most recently held the position of CFO, Strategy and IT Manager at Södra Wood. “I am very much looking forward to working with Johanna and warmly welcome her to[…]
Just under two years ago, Setra Hasselfors became the first sawmill within the Setra Group to invest in Valutec TC drying technology. Now they are investing in new TC wood drying kilns for both Hasselfors and the sawmill in Heby, both located in Sweden. “The properties of the TC continuous kiln fit well into the[…]
The wood industry company Setra invests in a new saw line for small diameter logs at the company’s facility in Skinnskatteberg. The investment provides major efficiency improvements and increased resource utilization. Setra’s board has decided on an investment in a new saw line for small diameter logs at Skinnskatteberg’s sawmill. The investment in the new saw line, including additional[…]
The wood industry company Setra has entered into an agreement regarding the sale of Rolf’s sawmill in Kalix to Stockhult Holding. Stockhult is, among other things, the owner of a sawmill in Glommersträsk and intends to resume operations in Rolf’s sawmill. In 2019, Setra closed down the sawmill operations in Rolfs. The company has now entered into[…]
Wood products company Setra is reporting an operating profit of SEK 310 million ($34.4 million) for 2018. This figure includes non-recurring items of SEK -45 million ($34.4 million). Net sales totalled SEK 4,480 million ($498 million). “We’re reporting an operating profit, adjusted for non-recurring items, of SEK 355 million ($39.4 million) for 2018, which is[…]
Wood products company Setra is reporting an operating profit of SEK 287 million ($31.9 million) for the period January–September 2018. Net sales totalled SEK 3,325 million ($369.4 million). Operating profit for the 3Q amounted to SEK 54 million ($6 million), with net sales of SEK 966 million ($107.3 million). “We’re reporting an operating profit for[…]
Wood products company Setra is investing in a new trim saw with integrated planing machine at its mill in Hasselfors. The investment is expected to deliver major efficiency gains and help to strengthen Setra’s position in the global construction market. Setra’s Board has decided to invest in a new trim saw with integrated planing machine[…]
Setra has set in motion the sale of its operation in Rolfs, Kalix, Sweden, as the company said in the press release received by Lesprom Network. Hannele Arvonen, Setra’s President and CEO, comments: “We are focusing on increasing the synergies within the Group as a means of improving our long-term competitiveness. The level of integration[…]
Production is now underway at Pyrocell’s plant in Gävle. The new and groundbreaking factory is turning sawdust into bio-oil. Jointly owned by Setra and Preem, Pyrocell was formed in 2018 based on the business concept of producing bio-oil from sawdust. Production at the groundbreaking plant – Sweden’s first pyrolysis oil plant for biofuels – is[…]
The grand opening of the new training and service centre of OOO Ponsse, Ponsse’s subsidiary in Russia, was celebrated earlier this month in Gorelovo, St. Petersburg. With its area of 1,500 square metres, the new training centre is one of the company’s largest investments in Russia, totalling approximately EUR 3 million. The new training centre[…]