“The government decided to transform the state-owned enterprise “Forests of Ukraine” into a joint-stock company, retaining 100% state ownership. The goal of the changes is to increase the efficiency of corporate management, ensure transparent reporting and strengthen the company’s competitiveness, Prime Minister Yuliya Svyridenko said. In addition, the government has extended forest management materials for regions where hostilities are underway or under temporary occupation, as well as for the rest”, — write on: ua.news
The government decided to transform the state-owned enterprise “Forests of Ukraine” into a joint-stock company, retaining 100% state ownership.
The goal of the changes is to increase the efficiency of corporate management, ensure transparent reporting and strengthen the company’s competitiveness, Prime Minister Yuliya Svyridenko said.
In addition, the government extended the forest management materials for regions where hostilities or temporary occupation are ongoing, as well as for the rest of the territories, until January 1, 2028. This will allow forest farms to work continuously and avoid wood shortages and price fluctuations.
A pilot project of the exporter’s electronic office within the Unified State System of Electronic Wood Accounting has also been launched. It will allow checking the legal origin of wood by the number of the logging ticket, invoice or tag, which will increase market transparency and strengthen the position of Ukrainian exporters on the EU markets.
The government also updated the operational plan for the implementation of the state forest management strategy for 2025-2027. The plan provides for the improvement of forest management and monitoring, the creation of digital infrastructure, the restoration of forests in the de-occupied territories and the increase of forest cover according to the European model of forest management.
State enterprise “Forests of Ukraine” reported about completion of the first stage of the presidential program “Green Country”, saying that a billion trees have been planted throughout the country.
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