Newsflash – What’s happening in Forest Engineering

Aurox Forestry Machines to represent the Tigercat equipment brand in Poland

Tigercat Industries Inc is pleased to announce that Aurox Forestry Machinery has been appointed as the TCi distributor for Poland. Aurox is dedicated to delivering efficient and comprehensive solutions and systems for the Polish forestry industry that address effective forest management, sustainability, and environmental protection. Aurox Forestry Machines, established in 2022, grew from the harvesting and land management business, Elitelas, established in 2006. Elitelas currently operates a large fleet of harvesters, forwarders, mulchers, and sky-trim machines conducting power line right-of-away maintenance, as well as traditional tree harvesting and forwarding operations. In 2022, company owner, Krzysztof Madej launched Aurox Forestry Machines to sell and service the Kershaw Sky-Trim machines, Serrat Mulching heads, as well as agricultural attachments. Source

Ponsse present their Half-year Report for 1 January – 30 June 2024

The uncertainties in the forest machine market continued in the past quarter. There were positive signals in the forest industry, but in general, interest rates and the poor situation in European construction are weakening demand for forest machinery. Among market areas, the Nordic countries were the best performers, led by Finland and Sweden. The company’s euro-denominated operating profit is estimated to be lower in 2024 than in 2023 (EUR 47.2 million). Due to the uncertainty in the market, the company continues to carefully consider investments, maintains cost controls in place, and is developing its operational model to improve competitiveness. The company is closely monitoring changes in the operating environment and customers operating conditions. Source