The forest industry plays a vital role in Finland\u2019s employment and economy. Finnish wood creates a domestic value chain that generates jobs and tax revenue across the country. Mets\u00e4 Group\u2019s impact on the Finnish economy is significant: the company\u2019s value-added impact amounts to approximately EUR 3.4 billion per year, and its operations employ more than 30,000 people in Finland. The figures are based on an assessment by KPMG Oy Ab of Mets\u00e4\u2019s economic impact in 2023\u20132025.<\/p>\n\n\n\n
The results highlight the key role of the forest industry in the Finnish economy at a time when growth has been slow and the economic outlook remains uncertain.<\/p>\n\n\n\n
Mets\u00e4\u2019s total output, i.e. its overall impact on the Finnish economy, amounts to EUR 10,060 million per year. This is generated not only by the company\u2019s own revenue but also by its extensive domestic value chain, including procurement, investments and wages, as well as the economic activity they create across different industries.<\/p>\n\n\n\n
Mets\u00e4\u2019s operations generate an estimated EUR 930 million in annual tax revenues in Finland. This is a scale that translates concretely into Finnish society, for example in the funding of public services. The amount corresponds to the annual salaries of more than 20,000 nurses in Finland.<\/p>\n\n\n\n
During the review period, Mets\u00e4 directly employed an average of 5,750 people in Finland. Procurement, investments, and the spending of wages by directly and indirectly employed people generate an additional nearly 25,000 jobs. In total, the employment impact amounts to approximately 30,800 people \u2013 roughly equivalent to the entire employed population of a city the size of Sein\u00e4joki.<\/p>\n\n\n\n
Mets\u00e4\u2019s value-added impact \u2013 the economic value generated in Finland in the form of wages, profits and taxes \u2013 is approximately EUR 3.4 billion, a significant contribution to Finland\u2019s GDP.<\/p>\n\n\n\n
The impacts extend widely across business sectors and regions: work carried out in forests, logistics and industry is reflected throughout society and the economy nationwide. Investments made in Finland create long-term effects on employment, business activity and public finances.<\/p>\n\n\n\n
\u201cThe assessment concretely demonstrates the extensive impact that forestry and the forest industry have on employment, economic growth and public finances in Finland. Value is created from Finnish forests and refined into a broad domestic value chain that provides jobs and generates wellbeing across the country.<\/p>\n\n\n\n
Finland and Finns will continue to need a vibrant forestry and forest industry to support public finances and employment. In the current environment, it is particularly important that Finland does not, through national decisions, weaken the operating conditions for forestry and the forest industry, but instead supports their renewal, efficiency and international competitiveness,\u201d says Jussi Vanhanen, President and CEO of Mets\u00e4 Group.<\/p>\n\n\n\n
The assessment conducted by KPMG is based on data provided by Mets\u00e4 for 2023\u20132025 as well as Statistics Finland data. The analysis was carried out using an input\u2013output model and covers the company\u2019s direct, indirect and induced effects, including the impacts generated by the spending of wages of directly and indirectly employed people in Finland.<\/p>\n\n\n\n
Mets\u00e4\u2019s operations are an example of how an industry based on domestic natural resources creates broad value for society as a whole.<\/p>\n\n\n\n
Source: Metsa<\/p>\n","protected":false},"excerpt":{"rendered":"
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