In Ukraine, the initiative to combat illegal felling of trees is being expanded - from now on, photos of the logs loaded on the car must be added to the transport invoices.
On August 14, NUBiP of Ukraine held an All-Ukrainian round table on the topic "The state of forestry in Ukraine and the need for its adaptation to EU directives taking into account modern requirements."
Profitability of production increased from a few percent to 16%, and the profit of "Forests of Ukraine" over the past year and a half reached UAH 5.35 billion.
State-owned enterprise "Forests of Ukraine" marks a successful three-year history of selling raw wood on licensed exchanges, achieving an impressive rate of almost 90% fulfillment of sales contracts.
Khmelnytskyi Oblast with 27%, Zhytomyr Oblast with 26%, and Kyiv and Ivano-Frankivsk Oblasts also have 24% among the leaders in the execution of contracts.
The State Enterprise "Forests of Ukraine" earned UAH 11.14 billion in the first six months of 2024, which is significantly higher than the income for the same period in 2023
