June 2011

UK forestry investments have outperformed the commercial property markets for the fifth year in a row, according to the Investment Property Databank (IPD) UK Forestry Index.

The project will get funding of 175 000 euros from South-Karelia - Russia ENPI programme. ENPI (European Neighborhood and Partnership Instrument) -programme is financed by EU, the Republic of Finland and the Russian Federation. One of the aims during the project is to find a suitable form for strengthening the research and education collaboration between Finnish and Russian forest sector. The father of the idea of Finnish-Russian Forest Academy has been Mr Timo Puttonen, Executive Director of Regional Council of South Karelia.

The first Swedish woodworking company in the East Siberia OOO "Rusforest-Magistralny" will be launched by RusForest group of companies in the first half of June in Magistralny village of Kazachinsko-Lensky District of Irkutsk Region. The rated output of the plant is projected at 150 tsnd cu m of sawn wood products per year. The main marketing area of the plant will be the European countries, primarily Germany and Austria, the countries of Middle East, as well as Japan, South Korea, China. Also there is a possibility to supply the products in Moscow and Saint-Petersburg.