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April 2, 2020

Sawmill industry in Finland to be hardest hit by the coronavirus crisis

Sawmill industry in Finland to be hardest hit by the coronavirus crisis

The coronavirus crisis strikes Finland's forest sector with varying degrees of impact. On the whole, the sector is likely to overcome the problems caused by the coronavirus better than many other industries, but the differences between companies are large. The mechanical forest industry, such as sawmills, is hardest hit. However, the forest sector can recover from the crisis very quickly if the smaller companies in the production chain are not going bankrupt.

The outlook for chemical and mechanical forest industry is very different.

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