“Forests of Ukraine” makes a breakthrough in logging, showing the harvesting of 2.1 million cubic meters in the first quarter of 2025

Short: Thanks to contracting through Prozorro, the Forests of Ukraine has strengthened market transparency, attracted investments and increased revenues by UAH 700 million.

The State Enterprise “Forests of Ukraine” has made an important step forward by starting to contract timber harvesting services through the state platform Prozorro. This modern solution allows to create a transparent and competitive market for logging services in Ukraine. Thanks to this, the market has gained new prospects for development, and the process itself is becoming clear and open.

In the period from January to March 2025, agreements were concluded for the harvesting of 2.1 million cubic meters of wood. These agreements have become a significant achievement for Forests of Ukraine, which indicates the activity and scale of the company's activities in this area. General Director Yuriy Bolokhovets informed the public about this important achievement on his Facebook page, emphasizing the importance of the step towards market modernization.

Benefits of contracting through Prozorro

Contracting through Prozorro ensures the creation of a civilized market where every participant can be sure of the integrity and transparency of the process. This approach helps attract investment in mechanized timber harvesting, which is an important component for business development in Ukraine. Attracting new investments will help to improve the quality of services and harvesting processes, which in turn can lead to improved technology and efficiency.

The creation of new contracting conditions also allows for the involvement of more participants in the harvesting process with different technological solutions and approaches, thus stimulating competition and innovation in the market. This really contributes to the development of entrepreneurship in the country and provides new opportunities for small and medium-sized businesses.

In addition, the use of the state platform saves public funds, as transparent auctions in Prozorro allow to choose the most cost-effective offer. This ensures the efficient use of the state budget and controls costs without compromising the quality of work performed.

Success in the first quarter of 2025 was an important confirmation of the right course of modernization for Foresight. Revenues from timber sales during this period increased to UAH 5.8 billion, which is UAH 700 million more than in the same period of the previous year. These results demonstrate that the new approach to contracting not only improves economic performance, but also makes the market more sustainable and attractive to new entrants.

By prioritizing transparency and innovation, Fores of Ukraine demonstrates a model of effective public administration that can serve as an example for other state-owned enterprises and industries. Further development in this direction can have a significant impact on the development of the country's economy as a whole and contribute to the improvement of the business environment in Ukraine.

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