This summer news story goes some way to show how the forest industry’s appetite for investment in Finland is lacking
and they have other tricks up their sleeves here: UPM is planning a massive solar power plant, the largest in Finland.
ps. I still haven’t seen sufficient reasons for spinning off Wisa. Institutional investors are dumping tiny Wisa, which is also sinking into the graveyard of small-cap stocks on the Helsinki Stock Exchange (Hesuli). Retail investors might end up holding a pile of illiquid shares. I hope I’m wrong.