An apparatus for stacking veneer sheets is provided, said apparatus comprising conveyor means for delivering veneer sheets to a stacking point and means for placing veneer sheets on a stack to be formed. The conveyor means comprise a first and a second conveyor element disposed on opposite sides of a veneer sheet, said first and/or second conveyor element being provided with magnet elements arranged for cooperation with a conveyor element present on the opposite side, such that the veneer sheet to be fed in between the conveyor elements is pressed with a desired force between the conveyor elements and is movable thereby to a stacking point, which is provided with stopper means for stopping the veneer sheet and with means for releasing the veneer sheet from between the conveyor elements to enable its placement on a stack to be formed.