Finnish sawmills may face layoffs this fall

The value of Finland's forest industry exports will decrease this year, especially due to the difficult market situation for wood products. Industry is burdened by the general increase in costs and the decline in construction both in Finland and globally. Adaptation measures can be expected, especially in sawmill and the paper industry. "Forestry industry continues its adaptation that started last year to rising production costs, weakening demand and the end of wood imports from Russia," says Pellervo Institute (PTT) forest economist Matti Valonen This year, the value of the total export of the Finnish forest industry ...