Consumables
UPM OFFERS A NEW SOLUTION FOR FOREST OWNERSHIP IN FINLAND
Thursday 12. February 2009 - UPM offers a new solution for forest ownership as a way to secure a constant and competitive wood supply in Finland.
UPM offers large forest entities for sale. The company will make a long-term wood sourcing and forest service contract with the buyers.
“The contract ensures that the forest property will generate a steady profit and guarantees that UPM will buy wood from the new forest owner. Its an easy way to own and take care of ones forest,” says Sixten Sunabacka, Head of UPM Forest, North Europe. “UPM is also willing to take care of other forests owned by the buyers. Our forestry experts already manage hundreds of thousands of hectares of privately owned forests in Finland.”
The forest entities are located throughout the country, apart from areas where most of UPMs forests are located. They represent only a small part of the nearly one million hectares of forest owned by UPM in Finland. The company is selling forest entities ranging from 1,000 to 5,000 hectares in size, totalling close to 30,000 hectares. The forest entities are sold based on tenders and they are for sale for a limited period only.
“Privately owned forest estates in Finland are fairly small in size. By offering large entities for sale UPM seeks to improve the structure of forest ownership in Finland and promote the profitability of forestry,” says Sixten Sunabacka.