The EU Deforestation Regulation could cost Finnish companies up to hundreds of millions of euros, estimates a study by Pellervo Economic Research PTT. The greatest costs would fall on companies that use wood and large trading companies. Companies need practical training and advisory services to implement the regulation, as well as effective coordination of responsibility obligations. "Overall, the deforestation decree is estimated to cause Finnish companies approximately 207 million euros in start-up costs and approximately 65 million euros in annual maintenance costs. This is an estimate based on average costs, and there are many uncertainties involved," summarizes senior ...