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WORLD INDUSTRY NEWS
Finland speeds up timber sales by tax relief
30.07.2008 | WORLD INDUSTRY NEWS | 61 view
The Government of Finland proposes partial tax relief for income from timber sales. The purpose of the tax relief is to speed up sales of domestic timber in order to secure raw material for the forest industry. The Government's proposal of 23 July 2008 provides that...



Finland gives tax breaks to wood sellers
25.07.2008 | WORLD INDUSTRY NEWS | 65 views
Finland's government will cut capital gains taxes on timber sales to help its paper sector, which accounts for almost a fifth of the country's exports, cope with a shortage of raw materials, Reuters reported.Finland's forests are mostly owned by individuals and the tax cut is meant...



Vietnam becomes Asia’s biggest exporter of timber furniture
21.07.2008 | WORLD INDUSTRY NEWS | 64 views
Vietnam has become the biggest furniture exporter in the Asia’s market, according to the Ministry of Industry and Trade. The ministry was quoting figures from the American Hardwood Export Council.The export turnover of locally made wood products reached $2.5 billion in 2007 and may reach...



Structural wood products — a bargain amid soaring material prices
11.07.2008 | WORLD INDUSTRY NEWS | 86 views
While the cost of construction in the U.S. continues to climb, one building material – wood – remains a smart investment for the savvy professional. According to the Bureau of Labor Statistics, over the last four years, steel products have doubled in price and concrete products are up 35...



Insects threat spruce forests in Southern Sweden
09.07.2008 | WORLD INDUSTRY NEWS | 73 views
The dangerous bark beetle is swarming in Southern Sweden earlier than normally. There is also a great risk of a second generation swarming later in the summer. Because of the warm summer the beetle population swarmed early. The drought made spruce more vulnerable to...



Russia to Join WTO When Finland Permits
04.07.2008 | WORLD INDUSTRY NEWS | 77 views
Russia will join the World Trade Organization (WTO) no sooner than it settles the timber-tarriff conflict with the EU, said EU Enlargement Commissioner Olli Rehn. The duties imposed by Moscow contradict the agreement of EU and Russia, the commissioner announced in the air of Finland’s...



3,000 hectares of forest ravaged by fire
01.07.2008 | WORLD INDUSTRY NEWS | 77 views
Norway has suffered one of the country's most disastrous forest fires since the war. Extreme drought resulted in the destruction of about 3.000 hectares of forest in the Froland county on the south coast. 15 helicopters and several hundred firemen...



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