Newest Ukrainian Sawmill Struggles to get Delivery of Previously Purchased Logs

The newest Ukrainian sawmill, which opened at the end of 2017, is now on the brink of survival. The Ukrainian Sawmills LLC (Kostopil, Rivne region), which produces sawn timber, furniture panels and semi-finished products, declared, on its Facebook page, a critical situation in connection with the failure to receive the delivery of the full volume of logs by state-run forestry enterprises legally acquired by the company at open auctions. As of the end of third quarter the company had received less than 50% of the volume of the wood purchased at the auction. The company has indicated in that “We will demand additional supplies of logs.”