Swedish sawmills plan record investments in production capacities

Swedish sawmills are investing the profits they have earned in good years into staggering sawmill investments. Capacity is being increased to the theoretical upper limit of harvesting opportunities. This year, Sweden is investing a total of 4.2 billion Swedish krona, equivalent to 336 million euros, in sawmilling. This sum is the largest ever. This further signifies intensifying competition for the already scarce timber resources. Although the demand for lumber has declined in Sweden, the industry believes in the future. Additionally, Swedish sawmills have managed to maintain their profitability because the Swedish krona, which has sunk to record ...