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27 Dec 2021

Belarusian commodity exchange welcomes new broker from Russia

Belarusian commodity exchange welcomes new broker from Russia
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MINSK, 27 December (BelTA) – OOO Wood Resource, which is part of the Wood Resource group of companies, has become the new broker of the Belarusian Universal Commodity Exchange (BUCE) in Russia, BUCE spokesman Roman Yaniv told BelTA.

The group of companies also operates the international trade website woodresource.rf, one of the largest trading platforms of the forest industry in Russia and an accredited partner of the Russian Export Center.

"As a BUCE broker, OOO Wood Resource will attract suppliers of lumber and other popular forestry products manufactured in Russia to the Belarusian stock exchange. Timber is planned to be sold both to consumers in Belarus and to foreign customers of BUCE through the mechanism of transit transactions," Roman Yaniv said.

According to Evgeny Rozhentsev, Director of the Wood Resource group of companies, the strategic goal is to become BUCE’s top broker in the timber section, both in terms of the number of clients and the volume of transactions."First of all, we want to become a single entry point to the Belarusian market for Russian forestry enterprises. This is the number one task, and I am sure that we will meet it.

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