The State Enterprise “Forests of Ukraine” is actively implementing new approaches to selling its products, in particular, using the Prozorro platform to provide logging services. This solution has allowed the company to significantly modernize its commercial processes and increase efficiency. From now on, the timber sale process is becoming more transparent and convenient for all market participants.
The use of Prozorro in the logging sector has already yielded significant results. In the first quarter of 2025, the revenues of the Forests of Ukraine from timber sales reached UAH 5.8 billion, which is UAH 700 million more than in the same period last year. This indicates positive dynamics and growing interest from buyers.
To date, 2.1 million cubic meters of timber have been sold through Prozorro. This sales volume confirms the success and effectiveness of the chosen strategy of implementing electronic trading. Thanks to this platform, Forests of Ukraine can better manage its resources, which contributes to revenue growth and competitiveness.
The Business Wisdom Summit discussed key aspects of business adaptation to new regulatory requirements, investment attraction, and strategies for responding to unexpected changes. The summit participants, including leading managers of such companies as TERWIN, NOVUS, Arcelor Mittal, and INGO Insurance Company, shared their experience and views on current challenges.
The emphasis was placed on the importance of developing sustainable business models that can withstand various economic and political challenges. In the face of global change, companies must be flexible and ready to adapt quickly. The importance of management innovations that help improve operational efficiency and attract new customers was also emphasized.
The use of new technologies in business processes, such as online trading platforms or automation of resource accounting, is becoming increasingly relevant. This allows companies not only to optimize costs but also to open new channels for development. The discussion emphasized that success in today's world depends on the ability of businesses to quickly adapt and effectively use their capabilities.
The Summit also served as a great platform for exchanging ideas and developing new partnerships that will contribute to the development of the industry as a whole. The participants were satisfied with the results, which demonstrates a high level of interest in solving current business problems and readiness for constructive cooperation.
