High interest rates and global unrest are still creating problems for the Swedish and global timber markets – resulting in higher timber prices, reduced sawmill production and larger stockpiles of timber products.

The economy will no doubt turn around when the construction industry eventually picks up speed again – but this probably won’t be until next fall.

One of Norra Timber's largest export customers is Swefl based in Egypt. In May of this year the company’s CEO Nagy Mubasher and his sons visited Norra Timber's headquarters in Sweden, when we took the opportunity to ask him about our collaboration.