Metsä donates EUR500 000 to forestry research

By | 2022-01-13T07:12:47+00:00 January 13th, 2022|

Source: Timberbiz

Metsä Group has donated EUR250 000 each to the University of Helsinki and the University of Oulu. These donations will be allocated to science, agriculture and forestry at the University of Helsinki and to technology at the University of Oulu. Metsä Group wants to invest in developing teaching and research in these fields.

Helsinki University Observatory. Credit by : Tapio Haaja | Unsplash

Helsinki University Observatory. Credit by : Tapio Haaja | Unsplash

“Metsä Group produces recyclable products from northern wood for the daily needs of people around the world. Sustainability, competitive production and the top expertise of our employees lie at the core of our operations. We want to develop forestry and the forest industry, and that requires top quality higher education and research,” Ilkka Hämälä, President and CEO of Metsä Group said.

The universities of Helsinki and Oulu are Metsä Group’s partner universities. Both provide teaching and conduct research in disciplines important to the Group.

Academic research in different fields of the bioeconomy and circular economy are important to the development of the entire industry. Joint development projects in particular help the field evolve because innovations and new initiatives often emerge at the interfaces of different organisation.

Metsä Group’s current over billion-euro investments in Finland will ensure continued demand for competence and research in the field.

Metsä Group’s donations are part of the matched funding scheme, with which the Government supports donations made to universities by private foundations, companies, and persons. The matched funding scheme will run until the end of June 2022.