News archive

Tag: Management

Editor’s pickBiesse Group appoints Massimo Potenza as co-chief executive officer

17-09-2020
Biesse, Management, Update

Massimo Potenza, incoming co-CEO of Biesse Group Biesse Group has announced the appointment of Massimo Potenza as its co-chief executive officer (co-CEO). The focus of Potenza's work will be to guide the establishment and implementation of the "Group Reorganisation & Transformation" project alongside Roberto Selci, the Group's CEO. Potenza …

Editor’s pickStefano Porcellini steps down as general manager of Biesse Group; remains as member of Board of Directors

02-09-2020
Biesse, Management, Update

Biesse Group has announced that Stefano Porcellini, in mutual agreement, leaves the position of General Manager, effective 1 September 2020. He will maintain the position of member of the Board of Directors until the natural expiration. "Stefano has contributed to the national and international growth of Biesse Group, making it the leading …

Axel Steiger appointed new CFO of WEINIG AG

06-07-2020
WEINIG, Management

At its last meeting, WEINIG’s Supervisory Board appointed Axel Steiger as its new Chief Financial Officer, succeeding former CFO Gerald Schmidt. Working alongside Chief Executive Officer Gregor Baumbusch and Chief Technology Officer Dr Mario Kordt, Steiger is responsible for the finance and accounting division. He took office on 1 July …

New study highlights strengths and challenges of Indonesia’s Sustainable Forest Management Standard

08-06-2020
Indonesian sustainable forest management, PHPL, SVLK, Independent Forest Monitoring Network, JPIK

A recent study explores the environmental credentials and performance of the Indonesian sustainable forest management standard known as the PHPL (Pengelolaan Hutan Produksi Lestari). Conducted by the Independent Forest Monitoring Network (JPIK) with the support of the EU FLEGT Facility, the analysis assesses the extent to which the PHPL could …

Indonesian ministers: SVLK important for boosting wood products exports

05-06-2020
Indonesia, ministers, Timber Legality Verification System, SVLK, sustainable forest management

Following Indonesian government’s decision to backtrack on an earlier decision to end timber legality checks for the export of wood products, several ministers and government officials commented on this issue. As reported by ITTO, the Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, stressed the importance …

First Vietnam Sustainable Forest Management Certificates granted to rubber forests

04-06-2020
Vietnam Sustainable Forest Management Certificates, Vietnam Rubber Group, VRG

The first Vietnam Sustainable Forest Management Certificates has been granted to more than 11,400 ha of rubber forests under the management of the Vietnam Rubber Group (VRG), reported Nhan Dan Online. The Vietnam Administration of Forestry (VNFOREST) granted the certificates to VRG companies, including the Binh Long, Phu Rieng and Dau Tieng …

New Forests converts $1.3 billion Australian Forestry Fund to long-term mandate

12-05-2020
International forestry investment manager, New Forests, extension, forestry management fund

International forestry investment manager New Forests announced the extension of its flagship forestry fund, the Australia New Zealand Forest Fund (ANZFF). Originally launched in 2010 as a 10-year, closed-end fund, ANZFF was converted into an extended long-term vehicle by agreement of the institutional investors in the fund. The extension includes …

European Space Agency co-funds €1mil for demo project by Finnish-German startup, combining AI and satellite data for modernising forestry

22-04-2020
Finnish-German startup CollectiveCrunch, European Space Agency, AI, digitalising forestry, forest planning, investment, management

The Finnish-German startup CollectiveCrunch will use the funding to further develop its one-of-a-kind Artificial Intelligence(AI), Linda Forest, and bring its service to new markets. The European Space Agency (ESA) has confirmed that it will co-fund a demonstration project of CollectiveCrunch, the Finnish-German leader in AI for the forest …

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