Metsä Group’s newly announced cost-savings programme, aimed at improving profitability after a weak first half of the year, is expected to send economic ripples across Finland’s forestry sector. Though no production facilities are scheduled for closure, the impact of the cuts will likely extend throughout the supply chain—from forest machinery contractors and logistics firms to internal staff and even the company’s cooperative owner-members. The company is targeting €300 million in annual savings, with implementation scheduled to begin in early 2026. The planning phase is set to conclude by the end of the third ...
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