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Finnish forest industry donates four million to the Aalto University

Feb 22 2010  The forest industry in Finland is to donate four million Euros to the starting endowment of the Aalto University in Helsinki in order to strengthen the forest-based sector’s innovation environment in the country.

"Forest industry companies are seeking out top international universities as cooperation partners in their effort to create new products and services. The Aalto University is counted among these top schools. It is important that sufficient financial resources are made available for it to rise into the global elite with regards to its research and teaching activities. This will enable it to support the renewal of the forest industry as well,” says Timo Jaatinen, Director General of the Finnish Forest Industries Federation.”By setting bold and goal-oriented priorities for their activities, universities can strengthen competence and research in Finland. Research and teaching have to be attuned to the upcoming needs of companies so that the competencies and capabilities needed for the development of innovative business and new products and services are established,” Jaatinen points out.

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