Contrasting trends in Westag & Getalit’s divisions

29.03.2019 − Sales revenue generated by the two divisions of Westag & Getalit developed in opposite directions in 2018 as a whole.» more


Kingfisher seeks successor to current CEO Laury

29.03.2019 − The British DIY group Kingfisher has initiated the search for a new CEO. » more

Germany: Construction approvals declined in December

28.03.2019 − According to the figures published by the Federal Statistical Office on 14 March, approvals for dwellings in new residential buildings in Germany declined by 5.0% in December to 28,168 units. » more

4% more dwellings have been completed in Poland

25.03.2019 − In 2018 a quantity of 184,783 dwellings were completed in Poland, corresponding to a 4% increase vis à vis the preceding year. » more

German DIY market grew again in 2018

22.03.2019 − The DIY and home improvement centers in Germany generated gross sales of € 18.75bn in the 2018 financial year, exceeding the previous year's level by 1.6 %. » more

Great Britain: slight decline in construction approvals

21.03.2019 − According to the National House Builders Council (NHBC) 159,617 dwellings were approved in Great Britain in 2018. » more

Wood industry develops better than furniture industry

21.03.2019 − In 2018 the German timber and furniture industry increased its turnover for the fifth consecutive year. » more

Khanty-Mansiysk: government to sell Ugra Timber

20.03.2019 − The government of the West Siberian Khanty-Mansiysk autonomous okrug intends to sell timber industry company Ugra Timber Holding to a Russian investor.» more

US Housing Starts grew by 18.6% in January

18.03.2019 − In the USA, housing starts in the twelve-month period up to and including January increased by 18.6% to 1.230m units compared with the twelve-month period to December. » more

Rougier: Commercial court approves restructuring

13.03.2019 − On 26 February, the Commercial Court in Poiters/France approved the rescue and restructuring plan submitted by Rougier. » more

Germany: Orders in housing construction grew by 6.3%

07.03.2019 − In December German housing construction companies recorded a 6.3% increase in incoming orders seasonally adjusted vis à vis the comparative quarter of the preceding year. » more

Sydenhams takes over Snows Timber site

05.03.2019 − The English timber and building materials trading company Sydenhams took over the Glastonbury site from Snows Timber with effect from 1 March. » more

US housing starts fell by 10.9% in 2018

01.03.2019 − In the USA, the number of housing starts in 2018 decreased by 10.9 % to 1.078m units, seasonally adjusted compared with the previous year. » more

Bellesbumprom group to build pellet works in Vitebsk

28.02.2019 − The timber, furniture, and paper group Bellesbumprom is about to start work on building a pellet works geared to an annual production capacity of 120,000 t in the Vitebsk free-trade zone. » more

Laminate Park to stop production by end of 2019

26.02.2019 − The MDF/HDF joint venture Laminate Park is set to cease operations at its site in Heusweiler-Eiweiler by the end of 2019. » more

Räsänen takes over management of Heinola

25.02.2019 − With effect from 1 February Jan Räsänen has taken over the management of the Finnish plant manufacturer Heinola Sawmill Machinery. » more

US President Trump extends moratorium on punitive tariffs

25.02.2019 − US President Donald Trump announced an extension of the moratorium beyond 1 March in the trade dispute with China on Sunday afternoon via Twitter. » more

Germany: 1.5m housing units to be completed by 2021

21.02.2019 − In the current legislative period up to 2021, the German federal government is aiming to complete 1.5m new housing units. » more

CPA expects 1.9% growth in British housing

19.02.2019 − For the current year, the Construction Products Association (CPA) forecasts an increase in construction output in the UK residential construction sector of 1.9% year-on-year to £42.9bn.» more

HolzLand also achieves turnover increase in 2018

18.02.2019 − In the 2018 financial year timber trade cooperation HolzLand achieved a centrally invoiced net purchasing volume (centrally invoiced turnover) of some €835m.» more

Becher has increased turnover to more than € 100m

15.02.2019 − Last year, the timber wholesale company Becher generated sales of over € 100m for the first time. » more

Westag & Getalit closes 2018 with a slight minus

13.02.2019 − As in the nine-month period, consolidated sales of Westag & Getalit AG in the 2018 financial year were slightly below the previous year's level. » more

Approval for container terminal in Kodersdorf

11.02.2019 − The Saxony State Directorate has approved the construction of a terminal for combined transport (CT) in Kodersdorf/Saxony. » more

Metsä Group has shipped 12% less sawn timber

08.02.2019 − In the fourth quarter, the Finnish Metsä Group again reported declines in sales and earnings for the Wood Products Industry segment.» more

SCA Wood France and ISB Groupe intend to merge

05.02.2019 − SCA Wood France, part of the Swedish Svenska Cellulosa Aktiebolaget (SCA), and Innovation Solutions Bois (Groupe ISB) want to merge their business activities. » more

RemaSawco has received orders worth skr 54.7m

05.02.2019 − In December and January, the Swedish engineering company RemaSawco received a total of seven orders with a total value of skr 54.7m. » more

Ghana: Exports up only slightly in the third quarter

30.01.2019 − The Ghanaian timber industry increased its export volume in the third quarter by 2.0 % to 77,571 m³. » more

British government has published no-deal rules

29.01.2019 − In a press release, the British Department for Environment, Food & Rural Affairs draws attention to the regulations that will apply to foreign trade in timber if a hard Brexit occurs.» more

US plant manufacturer Astec seeks new CEO

28.01.2019 − Benjamin Brock, President and CEO of US engineering manufacturer Astec Industries, resigned from his position and from the Board of Directors on January 21. » more

Building materials trade expects sales growth of 5%

28.01.2019 − Federal Association of German Building Materials Specialists (BDB) assumes that the sector's turnover increased by around 5 % last year. » more