European beech is one of the dominating wood species in central Europe and the most abundant hardwood species in Austrian, German and Swiss forests. Today, it is predominantly used for the provision of energy and in the furniture industry. With the increasing demand on forests to provide sustainable raw materials for energy as well as products, the importance of lesser-used wood species like European beech has continuously increased over the last decade. The application in load-bearing products has gained significant interest. In order to connect the current and historical state of knowledge about this wood species, this review provides an overview of the past and present utilization of European beech wood. On the basis of the historical literature, technical approvals and standards of established products, it aims to summarize the extensive state of the art of this wood species and provide an overview of recent scientific publications in the field of wood material science. Based on the reviewed literature, current research efforts deal with different engineered wood products like glued laminated timber, cross-laminated timber and laminated veneer lumber. Furthermore, strength grading, adhesive technology as well as improving dimensional stability is of particular interest.