The news came in February that Finland’s proposed subsidy for energy wood is in trouble in the EU. This is one example of the power of the EU over practical forestry.

The European forest industry has mapped its way up to 2050. However, the road chosen is not yet there. Instead, it has to be constructed.

The Lithuanian paper processing company Grigiskes successfully accomplished proactive reliability maintenance project giving opportunity to develop the reliability and efficiency of existing production assets, the company said in a statement.

737,000 Finns own at least two hectares of forest either by themselves or jointly. A hectare brings, before taxes, an operating profit of 96 euros on average.

In 2011, the consolidated turnover of Grigiskes Group, which consists of the production companies Grigiskes, Baltwood, Klaipedos Kartonas, Mena Pak and company engaged in the waste paper business of Klaipeda recycling, outmeasured LTL 307.7 million (EUR 89.1 million).