Business

How banned Russian wood is ‘pushing prices down’ for European timber firms

Sion Pennar
 26.02.2026, 07:05
Russian timber has been sanctioned by the EU for nearly four years. Photo: Alexander Manzyuk/Anadolu Agency/Getty Images
Russian timber has been sanctioned by the EU for nearly four years. Photo: Alexander Manzyuk/Anadolu Agency/Getty Images

The wood industry is considered a high-risk sector for sanction circumvention.