Warning hits Sweden’s forest industry – “Extremely strained situation”

The Swedish forest industry is under severe pressure amid rising costs, reduced access to raw materials, and intensifying international competition. Several forestry companies have announced savings programs and layoffs this autumn, prompting the industry to issue a stark warning about the sector’s long-term viability. “The Swedish forest industry is in an extremely difficult situation,” says Viveka Beckeman, CEO of Skogsindustrierna (the Swedish Forest Industries Federation). A wave of cost-cutting and layoffs In recent months, major Nordic forestry and pulp companies have announced extensive savings programs. Metsä Board plans to cut just over SEK 2 ...

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