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March 4, 2020

Finnish forest industry under threat by oversupply, falling prices and strikes

   Finland's forest industry has now become under threat by oversupply caused by the bark beetle and storms in Europe; falling export prices, economic slowdown in export countries and the negative impact of strikes.  The Finnish forest sector has done well in recent years. Peak results have been achieved in logging as well as in the export of finished products. The growth in demand for end products in the global market was strongly reflected in Finland, with the forest industry largely relying on domestic raw materials and labor. At the moment the industry works well, however ...

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