Metsä Group’s cost-cutting plan expected to pressure entire forest supply chain in Finland

Metsä Group’s newly announced cost-savings programme, aimed at improving profitability after a…

High wood costs and geopolitical pressures hit Finnish forest industry earnings

Major Finnish forest industry companies reported weaker second-quarter profits this week, as…

Exceptional log price levels in Finland

In standing sales in June, the average price paid for spruce logs…

Trump tariffs and weak demand trigger €350 million quarterly loss for Finland’s Metsä Group

Global forestry giants are under mounting pressure from shifting trade policies and…

Roundwood prices in Finland hit record highs in May

Roundwood prices continued to rise in May to a record high. Timber…

Trump’s tariffs ripple into Finnish sawmills – Vietnam market stalls as exports recover elsewhere

After a low point last year, Finnish sawmills have seen a modest…

China slashes Nordic wood imports by 57% as prices continue to climb

Nordic lumber producers are facing soaring raw material costs and rising production…

Raute plans temporary layoffs in Finland as order intake weakens

Finnish woodworking machinery manufacturer Raute said on Wednesday it will begin change…

EOS elects new chairman and board

Tommi Sneck, Director of the Sawmill Industry business at Finland’s Koskisen Oyj,…

Binderholz Nordic doubles its profit 

The turnover of sawmill company Binderholz Nordic increased by 8.5 million euros…