Estonia’s wood sector shifts focus to Western Europe as distant markets lose appeal
The results of this year's Swedbank industry survey show that the Estonian wood industry has begun to recover and the sector plans to increase investments by 2025. Risks are seen in the uncertain economic environment and geopolitical developments. In this year's Swedbank industry survey, Estonia's wood industry stands out with several positive indicators: investment volume will grow by 13%, production volume by 7%, and sales revenue by 8%. “Every other entrepreneur predicts that profits could increase in absolute terms compared to last year, and in the eyes of about a third of companies, it could ...
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