January-September interim report: forest industry’s good growth slowed down in the third quarter

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“The uncertain economic situation of the main market area in Europe led to weakened demand for forest industry products in the third quarter. In the current volatile economic climate, it is important to ensure the stability of the domestic operating environment and look after our cost-competitiveness,” Timo Jaatinen, Director General of the Finnish Forest Industries Federation, points out.

“It is also crucial for the forest industry, as well as for the entire export sector, that moderate, competitiveness-boosting wage solutions are negotiated for the export industry and that industrial peace is maintained throughout the delivery chain,” Jaatinen stresses.

Paper and paperboard production totalled 8.7 million tonnes in January-September 2011. This is about one percent less than in the previous year. Finnish pulp production amounted to 5.1 million tonnes, up two percent from 2010, while sawn timber production totalled 7.6 million cubic metres in January-September, which represented an increase of five percent from the corresponding period of 2010.

Further reading: January-September interim report

Further information: Timo Jaatinen, Director General,
Finnish Forest Industries Federation, tel. +358 9 132 6600