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WORLD INDUSTRY NEWS
28.10.2008

Finnish forest sector sees good future prospects

A working group chaired by Mr Esko Aho, Finland's former Prime Minister, presented in the end of September its report on forest sector’s future. The working group believes that the forestry branch will be able to renew itself and to create new preconditions for growth.

A working group chaired by Mr Esko Aho, Finland's former Prime Minister, presented on 30th of September to Mr Matti Vanhanen, the present Prime Minister, its report concerning the future prospects of the forest sector.

The working group was set up last November for the purpose of considering the future prospects of the forestry sector in a situation were the company Stora Enso had published its intentions to close down the Kemijärvi and Summa plants.

The group's report contained an evaluation of the challenges facing the sector and of factors promoting its success in the middle and long term. The forest industry and as a consequence the entire forest cluster is faced with the greatest crisis in its history because of changing markets and technologies.

Nevertheless, the working group believes that the forestry branch will be able to renew itself and to create new preconditions for growth, as it has done in previous similar situations.
Finland still has many competitive advantages, such as high quality fibres, know-how and a basically strong forestry sector. There are also new advantages, for example new ways of using wood in IT, bio— and nanotechnology.

The working group proposes a comprehensive development programme for the entire forestry sector. The programme should focus on three areas; development and exploitation of forest resources, increase of added value obtained from wood and creation of a competitive economic environment.

The core conclusion of the development programme is that the basis of success of the Finnish forestry sector in the future is still high-level know-how, technology and the competitive advantages offered by the forestry cluster. Increasing global demand for wood based materials created by environmental and energy related challenges will create good prospects for implementing such a strategy.

Nordic Family Forestry



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See also:

Record felling in Danish forests
    28.10.2008 | WORLD INDUSTRY NEWS
Exibition HOLZHAUS 13 — 16 November 2008 Moscow, Russia
    24.10.2008 | WORLD INDUSTRY NEWS
Forest covers 42% of the EU27 land area
    22.10.2008 | WORLD INDUSTRY NEWS



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