A survey by the Confederation of Finnish Industries shows that the Finnish forest and timber industry is planning to invest a total of roughly €435m this year. This is approximately 12% below the figure for the previous year. The confederation attributed the lower investment activity mainly to a lack of or slack demand for forest products. 53% of the investment expenditure is earmarked for rationalisation measures. 35% is to be spent on existing facilities for replacing outdated plant and machinery and keeping production systems up to date. Only 7% of the investments planned for 2013 is to be used for creating new production capacity; the previous year’s figure was 27%.
Source:
http://www.euwid-wood-products.com/news/roundwoodsawnwood/single/Artikel/finnish-forestry-investment-12-down.html
