
Companies want third parties to conduct forest assessments instead of relying solely on state-controlled Roslesinforg and seek protection from lease termination over delays or quality disputes.

Companies want third parties to conduct forest assessments instead of relying solely on state-controlled Roslesinforg and seek protection from lease termination over delays or quality disputes.

A strong ruble, weaker demand in China and rail-logistics bottlenecks are the main factors behind the projected decline.

Weak lumber demand and price pressure in China, a stronger ruble, and high interest costs drove asset impairments, capacity curtailments, and lower fourth-quarter sales.

Industry groups seek a three-year bankruptcy moratorium as losses top 15 billion rubles.