Moscow. Feb 15, 2010. /Lesprom Network/. According to the Finnish Forest Industries Federation’s (FFIF) estimate, the value of the industry’s production was about Euro 15 billion in 2009, of which some Euro 4 billion was generated by the wood products industry and Euro 11 billion by the pulp and paper industry. The value of the industry’s production in the final quarter of 2009 was around Euro 4 billion, FFIF said in a statement received by Lesprom Network."The forest industry of Finland has modernised its structures and increased the efficiency of its operations powerfully, providing the industry with good opportunities for success as the recession abates. Work to enhance cost-competitiveness and improve possibilities for future success continues ", says Timo Jaatinen, Director General of the Finnish Forest Industries Federation.
"Domestic political decisions shape the operating environment of the export industries to an extensive degree. The forest industry’s electricity needs are growing, which is why decisions regarding energy policy affect the future of both the industry and our entire nation. It is also important that labour market parties conclude agreements that help improve productivity. As markets recover, the steady availability of domestic timber at a competitive price will become an increasingly important issue."
In relative terms, the forest industry uses a larger amount of domestic factors of production than any other industry branch. This means that the costs of other sectors have a substantial effect on the forest industry’s competitiveness.
FFIF said there are 50 pulp, paper and paperboard mills, some 170 industrial-scale sawmills and 15 panel products factories in operation in Finland. Throughout the forest cluster, wood processing provides employment for some 200,000 Finns and its economic footprint affects around 500,000 Finns in total.
Additional information: FFIF
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