The timber industry is sounding the alarm that the Polish timber market is in crisis

👉 Due to horrendously high timber sale prices, companies are cutting back on production operations and in some cases closing down

👉The Polish Economic Chamber of the Timber Industry (PIGPD) and seven others are appealing to the Prime Minister in the wake of the crisis. According to the letter's authors, many smaller companies are completely out of orders, which puts them on the brink of bankruptcy.

👉One of companies from the Olecko commune filed for bankruptcy in connection with this, and 260 people lost their jobs. Industry representatives say that many companies reduced the working week to four days or reduced the shift system to one.

👉The industry points out that the current margins and timber prices will result in massive layoffs, which creates a considerable social problem. Production of indigenous products has also declined. In six months, the production of paper and cardboard fell by 12 per cent, wood-based panels and furniture by 30 per cent, pallets by 25 per cent, flooring, windows and doors by 35 per cent, sawn timber by 29-43 per cent, garden furniture by 45 per cent.

You can read about the details in the Interia.pl article ⬇⬇⬇⬇

The article appeared on @zielona.interia.pl:1 August 2023. We invite you to read the full version:" Poland's timber industry is sinking. "We have the most expensive timber in Europe".

PMR team

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