Forestry and wood sector and profitability development in the wood-processing industry of the Czech Republic

Kupčák, Václav; Šmída, Zbyněk

doi:10.17221/113/2014-jfs

Cited by 11 publications

(4 citation statements)

References 4 publications

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“…It can be said that if there is incidental mining of about 6 million m 3 , there will be no need for planned mining for several years. This will lead to a further reduction of the forestry staff in the future [3]. The decline in forestry is not only a problem for the present, but also for the next three to five years because it means undermining any continuity of knowledge and being unable to engage enough workers.…”

Section: Introductionmentioning

confidence: 99%

Development and Forecast of Employment in Forestry in the Czech Republic

2019

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Employment in forestry is an essential component of the forestry industry. It is a socio-economic phenomenon, which has been at the edge of economists’ interest for quite a long time. The proportion of employees in the forestry sector is relatively small, standing at only 0.6%. However, forestry as a sector has a very significant multiplier effect which is reflected in the growth of related jobs. Examples of this can be found in the production of forestry machinery and equipment, the construction of wooden and timber structures, and the furniture sector. These sectors are kept separately in economic and statistical records, but forestry remains their natural determinant. The aim of this work is to describe, analyze, and formulate the prognosis for the development of these types of jobs. Conclusions of the work show that there has been a decrease in employment and simultaneously an increase in labor productivity. This is due to a increasingly high use of technological equipment. Development forecasts show that the Czech Republic does not differ from the overall surveyed trends in other selected countries. It is therefore evident that forecasts of the development of employment in forestry are also relevant in other similar countries. Our results show a statistically significant reduction in forestry employment. The analysis focused on the Czech Republic, but the results may also apply to other European countries. A significant decrease in employment leads to instability in the forestry sector. It means a skilled labor force leaves the forestry sector and is not replaced. Disruption of knowledge continuity leads to a negative impact on the environment.

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Section: Introductionmentioning

confidence: 99%

Development and Forecast of Employment in Forestry in the Czech Republic

2019

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“…Additionally, those countries recorded a more-than-double lower labour efficiency, measured with the production value per employee, and Bulgarian furniture industry noted a more than four-fold lower labour productivity than the EU average, and the productivity was even six-fold lower than in the old EU member states. As indicated by Kupčák and Šmída (2015), the factors affecting the economic results and profitability in wood-processing micro-enterprises include the production capacities, technical and technological standards, and the potential of their further development and the human resourcestheir quality and management principles, production and business strategies, and the firm's financial situation.…”

Section: Resultsmentioning

confidence: 99%

Labour productivity in the sustainable development of wood-based industry: A case for the European Union countries

Grzegorzewska

Sedliačiková

2021

BioRes

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Labour productivity is one of the key factors determining the wood-based industry development and competitiveness. This study assessed the importance of human resources and labour productivity in the furniture sector in the European Union (EU) countries. A cluster analysis and multivariate linear ordering analysis were conducted. The EU15, especially Germany, Denmark, and United Kingdom, demonstrate a higher labour productivity and offer even four-fold higher wages to the employees than some EU13 countries. It results in a relatively high share of labour costs in the production. However, in some countries of Central and Eastern Europe, the importance of furniture production for the national economy and the job market was high. To maintain the sustainable development of the EU market, decreasing the regional differences is essential. Additionally, the existing competitive advantage of selected EU13 countries resulting from relatively low labour costs can be insufficient to maintain the current rate of production growth and furniture exports. The results of the study provide a precious source of information for entrepreneurs, managers, and government. They will help the production enterprises identify the areas to be made more efficient by taking important decisions to enhance competitiveness and design the future path of sustainable furniture sector development.

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“…Considering this development, discussions and analyses of the current state of management in the forest sector, not only among operating foresters, but also at the top social and political levels, are repeated (Šmída, Dudík 2014). This view is also confirmed by the resolution which states that "economic viability is declared to be a key pillar for sustainable forest management and of conclusive significance for the preservation of forests and their multiple benefits for the society" (Kupčák, Šmída 2015). This view was confirmed by Zobrist et al (2006), who noted that financial analysis is an important part of forest management planning.…”

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confidence: 86%

The assessment of forestry companies in the Czech Republic with focus on profitability

Levá¹,

Čermáková²,

Stárová³

et al. 2016

J. For. Sci.

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ABSTRACT:The paper deals with the evaluation of economy of forestry companies. The evaluation stems from the results of economic analyses of enterprises that are further monitored in the context of forestry and development of economic financial ratios of evaluated companies. Furthermore, the evaluation is based on real possibilities of companies stemming from resources which they have at their disposal and on the facts that occurred in the selected companies in the monitored period. The development of important factors influencing the whole branch of forestry and their real state are introduced in the first part of the paper. After that, methods used in financial analysis of enterprises are described. The fact that forest land in the Czech Republic covered 2.66 million hectares in 2014 and its proportion in the total area of the country is 34% adds importance to the topic (Czech Statistical Yearbook 2015).

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Forestry and wood sector and profitability development in the wood-processing industry of the Czech Republic

Cited by 11 publications

References 4 publications

Development and Forecast of Employment in Forestry in the Czech Republic

Development and Forecast of Employment in Forestry in the Czech Republic

Labour productivity in the sustainable development of wood-based industry: A case for the European Union countries

The assessment of forestry companies in the Czech Republic with focus on profitability

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