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Metsa Group employs regenerative forestry principles to combat forest damage and improve biodiversity in Finland amid rising temperatures, climate change; measures include diversification of tree species and allowing natural growth of deciduous trees

Metsä Board's Q1 result down 80% year-over-year to €14.8M, as sales fall 11% to €483.7M; demand for Metsä Board's fresh-fiber paperboards up from Q4, while paper, board producers' higher capacity use rates in Europe boosts demand for market pulp

Metsa Board to invest €60M to renew folding boxboard PM at Simpele mill, increasing annual production capacity by 10,000 tonnes to 310,000 tonnes, improving product quality, production efficiency, replacing fossil fuels; work to be completed in H2 2025

In Finland, UPM received one of the largest business subsidies in 2023, along with shipping company Viking Line, stainless steel company Outokumpu; forest industry company Stora Enso came in fourth, followed by paperboard producer Metsä Board

Metsä Board inaugurates BM1 folding boxboard machine in Husum, Sweden; €230M investment was completed in 2023 to increase BM1's annual capacity to 600,000 tonnes/year from 400,000 tonnes to respond to growing demand for sustainable packaging materials

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