Forest industry investments recovering this year

News |
Forest industry investments are expected to continue their rapid growth in 2011 and will likely approach €900 million, which is close to the average level of the previous decade. The forest industry is expected to account for almost 20% of all manufacturing sector investments in 2011.

Half, i.e. some €450 million, of this year’s forest industry investments will focus on replacements to existing capacity, a third are rationalisation investments and a little over 10% will be allocated to increasing capacity.

In 2009, the overseas investments of Finnish forest industry companies were quite substantial, €1.3 billion. Advance data for 2010 indicates that overseas investments decreased to a little over €500 million.