Companies in the timber industry / Daily News / Market Analysis / Forestry / Sawmilling / Europe / Global
July 6, 2016

Brexit’s pound turbulence affects the Finnish forestry industry

Brexit’s pound turbulence affects the Finnish forestry industry

Britain's referendum decision to leave the EU has affected many Finnish forestry companies, because of the exchange rate turbulence.

Because the UK is a very important trade partner for Finland, companies including Metsä Group, will be affected financially. In fact, many stock markets stoop following Brexit, but some of them recovered very quickly due to the US dollar coming strong in the last period,

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