Miscellaneous

Homag Group standardising all product brands

23.03.2017 − Homag Group is to standardise its different product brands under the Homag name as part of the One Homag reorganisation project that has been in progress since June 2015. » more

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Kotkamills Group booked an operating loss

22.03.2017 − Finnish Kotkamills Group incurred an operating loss of €0.4m for the 2016 financial year, according to preliminary figures published on 28 February. » more

Kullik & Rullmann expanding its US operations in 2017

21.03.2017 − German Kullik & Rullmann is building two more import warehouses in the ports of Mobile, Alabama and Houston, Texas in 2017. » more

UFP takes over Quality Hardwood Sales

20.03.2017 − Through a subsidiary, Universal Forest Products (UFP) has taken over some of the assets of the hardwood processor Quality Hardwood Sales, and has thereby for the first time entered the hardwood business.» more

Losses in Greenlam’s revenue and performance figures

14.03.2017 − Indian Greenlam Industries had to put up with losses in its sales revenue and key performance figures in the third quarter of its business year 2016/2017 (31 March). » more

Zakirov has been appointed as new CEO of Segezha

10.03.2017 − On 16 February, the board of directors of the Russian Segezha Group appointed Kamil Zakirov as the new CEO and chairman of the management board, where he succeeds Sergey Pomelov.» more

In 2016, Raute has set new order intake record

07.03.2017 − Finnish Raute ended the 2016 financial year with an 11% improvement in order intake to €162m – a new record. » more

Holzring turnover grows as expected to almost €850m

01.03.2017 − Following the slightly downward trend in 2015, centrally invoiced turnover generated by German timber-wholesale cooperative Der Holzring, increased by 6% to a total of almost €850m in 2016. » more

Metsä Fibre to start test operations in Äänekoski

27.02.2017 − The Metsä Fibre division of Finnish Metsä Group is to start test operations at its newly built pulp mill and bio-refinery in Äänekoski in February 2017. » more

German woodworking machinery industry grew by 14%

22.02.2017 − The German woodworking machinery industry saw its manufacturing grow more sharply than expected last year. » more

Hagebau turnover exceeds €6bn a third time

17.02.2017 − In the 2016 financial year German Hagebau increased its centrally invoiced purchasing turnover by 2.8% vis à vis the preceding year to €6.26bn. » more

Metsä Wood’s sales of Kerto LVL in boosted Q4 2016

16.02.2017 − The “Metsä Wood” division in Finnish Metsä Group increased its deliveries of Kerto LVL in the fourth quarter of 2016 whereas the volume of plywood sales decreased due to an inflated supply. » more

Heckewerth acquires laminating firm Saréco

15.02.2017 − Geman Ed. Heckewerth Nachf. acquired Saréco Deutschland with effect from 23 January. Saréco operates a coating line in Ibbenbüren, Germany. » more

Final decision to invest is likely to be made in 2019

15.02.2017 − Estonian Est-For Invest is planning to initiate the construction of new biorefinery in Estonia including a pulp mill with an annual capacity of around 700,000 t by 2022.» more

Split picture given by Stora Enso’s business year 2016

10.02.2017 − As had already been the case in the third quarter, Finnish Stora Enso also recorded regressive sales and performance figures for the final three months of the business year 2016. » more

Italian machinery industry verging on record levels

09.02.2017 − The Italian woodworking machinery industry moved one step closer to 2007’s production revenue record of €2.159bn last year. » more

SCA sales of solid wooden products increased 13%

07.02.2017 − Restructuring costs and reduced delivery figures for paper and kraftliner coupled with partly lower selling prices and adverse exchange-rate effects impaired the results of SCA Forest Products.» more

Euroconstruct expects 6.8% more completions in 2017

06.02.2017 − For 2017, Euroconstruct is forecasting growth of 6.8% against last year to 1.57m in the number of completed homes in new residential buildings in the 19 member countries. » more

Messe München buys majority stake in Fenestration China

24.01.2017 − Messe München has acquired a majority stake in the window and door fair Fenestration China, which has so far been held by Beijing International UnionExpo in Beijing and Shanghai in alternating years. » more

Further improvement in result at Hornbach Baumarkt

19.01.2017 − In the third quarter, German Hornbach Baumarkt achieved year-on-year growth in turnover for its 154 DIY superstores in nine European countries of 4.4% to €900.9m. » more

Kingfisher: Turnover increases further in third quarter

13.01.2017 − British Kingfisher group also concluded the third quarter of 2016 with a significant turnover increase of 11.5% to £2.955bn. » more

19% increase in Segezha Group’s sales revenue

12.01.2017 − Higher sales volumes raised the sales revenue of Russian Segezha Group in the third quarter of 2016 by 19% against the same quarter of the year before to RUB10.5bn.» more

Eucatex: Wood division turnover declines by 8.3%

09.01.2017 − In the third quarter, Brazilian Eucatex Indústria e Comércio suffered a decline in turnover in its Wood division of 11.2%. » more

Florian Legno takes majority holding in DI Novoselec

29.12.2016 − Through its Croatian subsidiary Lipovljani Lignum, Italian Florian Legno Group took a majority holding in Drvna industrija Novoselec (DIN) on 25 November. » more

Malaysia: Export value begins to slacken off

27.12.2016 − Exports of timber products of the Malaysian timber industry deteriorated in the third quarter. » more

Deere: Construction and forestry machine sales down

26.12.2016 − In the 2015/16 financial year (31 October), US-American Deere & Companygenerated turnover of US$4.900bn with construction and forestry machinery. » more

Homag Group invested €2.1m in new machining centre

23.12.2016 − Homag Group commissioned a new machining centre for large parts at its headquarters in Schopfloch, Germany in November. » more

Lone Star aiming to take over Xella building materials

15.12.2016 − US-American Lone Star Global Acquisitions is aiming to take over Xella International active in the building materials sector with the “Ytong”, “Hebel”, “Silka”, “Multipor”, “Fermacell”, and “Fels” brands. » more

Kiel: Logistics centre for forest products officially opened

09.12.2016 − On 11 November, German Seehafen Kiel officially opened the handling and distribution centre for forest products in the northern section of Ostuferhafen that had already been put into service in July. » more

Germany: Building permits increased by 16.2%

07.12.2016 − In September a total of 30,972 approvals were granted for the construction of dwelling units in new and existing residential and non-residential buildings in Germany, which corresponds to an increase of 16.2%. » more