Tuesday, 16 March 2010 13:30

Forest industry to donate €4 million to the Aalto University

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The forest industry is to donate €4 million to the starting endowment of the Aalto University in order to strengthen the forest-based sector’s innovation environment in Finland.

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.

The forest cluster’s research strategy has steered industry research and teaching activities towards key areas of growth. Forestcluster Ltd, Finland’s first Strategic Centre for Science, Technology and Innovation, and Finnish Wood Research Ltd, an agency that networks the wood products cluster’s joint research and development activities, provide resources for significant projects, which promote the renewal of the forest industry.

VTT Technical Research Centre of Finland and Keskuslaboratorio (KCL), an organisation specialising in forest industry research, were merged into an internationally unique concentration of competence last year. The Aalto University professorship, which was donated by the forest industry, will promote the teaching of wood construction specialists as well as strengthen the regeneration of the forest-based sector through education.

Further information:

Antro Säilä, Senior Vice President (Business and Innovation Environment),
tel. +358 9 132 6633, +358 40 589 1891

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