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The 14,000th forest machine manufactured in Vieremä was handed over to the customer at Ponsse Jan 30 2019. The completion of the machine that will be delivered to Uruguay also offered the opportunity to celebrate Ponsse’s successful factory extension. The PONSSE Elephant King machine at the centre of the celebration was manufactured on Ponsse’s new[…]

The Swiss Wood Market Commission (HMK) met on January 16, this year for the first time with representatives from the Swiss Industrial Wood and Wood Energy sector. The Swiss wood market is still under the influence of beetle wood, according to the commission. The Swiss wood industry is still prepared to process beetle wood, but[…]

Sabah Chief Minister Mohd Shafie Apdal has announced that the State Government will undertake large scale reforestation to ensure wood supplies for industries in Sabah. The aim is to create a resource base that will attract investors especially furniture makers in Peninsular Malaysia. Plans are being drawn up for planting a mixture of valuable hardwoods[…]

In 2018, Logset Oy’s turnover grew to a record level of 40.128 million euros (2017: 30.922 million euros) and the operating profit to 1,671 million euros (2017: 0,935 million euros). During the past year, the demand for Logset products remained high in Europe. The strongest growth, however, came from the Russian and South American markets.[…]

In 2018, the Finnish forest industry enterprises procured 51.4 million m3 of roundwood from non-industrial private forests. The roundwood trade volumes increased by a fifth compared with 2017. Standing timber sales volume came up to 44.7 million m3 (+23% over the previous year), reports Natural Resources Institute Finland (Luke). Roundwood trade was also very active[…]

In January, the consumer prices for wood pellets of quality ENplus A1 in Austria rose relatively sharply. The average price for pellets (delivery quantity 6t) is currently 24.90 cents / kg. This is 1.6% more than in December and 3.3% more than in January 2018. The highest pellet prices were reported as usual in western[…]

After more than three years of work supported by the German Corporation for International Cooperation (GIZ) Peru’s National Forestry and Wildlife Service (SERFOR) was handed DataBOSQUE software which will facilitate reliable timber tracking. DataBOSQUE was developed in close cooperation with the private sector and public forestry institutions at the national and regional levels. Distribution of[…]

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[…]

Södra is adjusting the purchase price for spruce and pine logs as well as fuel wood. “We are seeing a slowdown in the economy at the same time as wood supplies are high and forestry activity is intense. As a result, the market price of saw logs is declining,” the company said. “Our operating environment[…]

Jussi Malmi, the Managing Director of Logset Oy, will start working for another employer from February 1st, 2019. Logset has already started looking for a new Managing Director. Logset Oy is a Finnish forest machine manufacturer located in Koivulahti, near Vaasa. The company was established in 1992 and today it has approximately 70 employees.