Economic benefits from nature
Finnish bio-economy is based on the forest. Besides wood products and paper, biomasses originating in forests are now being used in textile fibres, medicines, chemicals, functional foods, plastics, cosmetics, smart packaging and bio-oils. Metsähallitus multiple-use forests supplies the raw materials for all these products. The wood sell by Metsähallitus accumulates every year the forest industry export revenue of about one billion Euros.
On the basis of the objectives set by Parliament, the Ministry of Agriculture and Forestry decides annual performance targets for Metsähallitus. Financial performance has improved in the 2000s, and operating profit exceeds 100 million Euros on a permanent basis.
The financial prosperity created by Metsähallitus is distributed in the form of wages and remuneration, taxes, procurement and dividends to various parts of society.
The indirect financial impacts of Metsähallitus operations are considerable. One euro invested in national park services or Nature Centres yields an average of ten euros for the local economy.
The financial input of hunters and fishermen in the local economy is also considerable. The benefits for regional economies are highest in Eastern and Northern Finland.
- pays over one million euros in dividends to the state every year
- employs 2 000 persons around the country
- delivers timber for the industry about six million cubic metres a year
- provides work for hundreds of contractors
- maintains outdoor recreation facilities that are also available for nature turism entrepreneurs
- supports local businesses by enhancing nature tourism: visitors of national parks and hiking areas brought to the local economy over 224 million euros in 2018.
- develops and sells real estates
- enhances the use of wind power.