Metsä Group to pay a double bonus to its owner-members for delivery sales

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Metsä Group press release 19.10.2022

Metsä Group will offer added benefits to its committed owner-members by paying a double bonus on wood purchased through delivery sales between 1 November 2022 and 31 January 2023.

“Due to our investments in Rauma and Kemi, our wood procurement is growing, and we aim to purchase the additional volumes from our owner-members. Through the double bonus campaign, we want the good demand for wood to also benefit those Metsä Group’s owner-members who sell wood through delivery sales,” says Jani Riissanen, SVP, Wood Trade and Forest Services Finland.

The double bonus will be offered to all members with the right to a bonus who engage in wood trade with Metsä Group through delivery sales between 1 November 2022 and 31 January 2023. The double bonus will be paid for both log wood and pulpwood. The bonus paid per cubic metre is determined based on the volume of wood received from the owner-member in the previous four years and on the level of contract customer relationship.

For members qualifying for the double bonus, this means an additional EUR 0.60 to EUR 2.80 per cubic metre.

The owner-members selling their wood through delivery sales most quickly will also benefit from an early delivery premium, which will be paid for wood received from owner-members by 15 December 2022.

High demand for delivery sales

“We’re the largest buyer of wood through delivery sales in Finland and we’re increasing our purchases through delivery sales even more. There’s strong demand for wood purchased from our owner-members through delivery sales,” Riissanen says.

Delivery sales mean the forest owner fells the trees, cuts them and delivers the wood to the roadside, where Metsä Group’s contract entrepreneur picks it up with a timber lorry.

The delivery sales agreement is signed with Metsä Group’s local forest specialist and involves agreeing the volume of wood to be delivered by the forest owner, the prices, dimensions and the storage location at the roadside.

“The more wood trade an owner-member does with Metsä Group, the more they benefit from their membership. The logs and pulpwood we receive from owner-members this year – including delivery sales – will be included in the future profit sharing based on wood trade,” Riissanen points out.

For further information, please contact:

Jani Riissanen, SVP, Wood Trade and Forest Services, Metsä Group, tel. +358 50 598 8714
Krista Kimmo, Communications Manager, Metsä Group, tel. +358 50 526 4911

Metsä Group’s Wood Supply and Forest Services 
 
www.metsagroup.com/metsaforest  

Metsä Group’s Wood Supply and Forest Services provides and develops the services offered to the members of Metsä Group's parent company, Metsäliitto. The cooperative consists of nearly 100,000 Finnish forest owners who together own about half of Finland’s private forests. We provide all the forest services required to engage in sustainable forest management and raise the value of forest assets.

We procure all the wood used by Metsä Group from sustainably managed forests in the Baltic Sea region, most of it from our owner-members in Finland. We also supply significant volumes of energy wood, bark and sawdust for further processing.  

In 2021, our sales totalled EUR 2.0 billion, and we have around 850 employees.  

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