In 2024, the State Enterprise “Forests of Ukraine” invested almost UAH 400 million in the purchase of new firefighting equipment, carried out the largest forest planting in recent years, and in 2025 will spend more than UAH 600 million on forestry machinery and equipment for mechanized harvesting. According to Yuriy Bolokhovets, CEO of the state enterprise, on Facebook, in 2024, the State Enterprise “Forests of Ukraine” allocated more than UAH 1 billion to support the Armed Forces and UAH 800 million for social support.
He noted that despite the lack of precipitation, abnormal heat, mining and constant air attacks, in 2024 the area of fires was several times less than the average for 2015-2020.
“Thanks to our profitable work, almost UAH 400 million has been invested in mobile modern equipment for rapid response to fires,” Bolokhovets said at the final annual conference.
The company’s CEO said that in 2024, a record number of new tree seedlings were planted. “Forests of Ukraine has opened seven modern seed centers to increase the production of seedlings with a closed root system that can be planted almost all year round.
In addition, the state-owned enterprise refused to process wood due to unprofitability, but the company’s revenue did not decrease. The biggest challenge for the next few years is to abandon clear-cutting and switch exclusively to selective felling in the Carpathians.
Within the framework of the existing environmental requirements, the state enterprise is considering increasing harvesting to 20 million cubic meters of wood per year, and also intends to increase the purchase of machinery for mechanized harvesting.
Viktor Busko, Director of the Investment Department of the state enterprise, noted that the annual investment volume of the SE “Forests of Ukraine” is approximately UAH 2 billion. In 2024, most of the investments were made in breeding and seed centers.
Director of the IT Department Andriy Voronoi added that the priority in 2025 will be the implementation of an ERP system that will automate and standardize the management of business processes, and obtain reliable and timely information.
As reported, Ukraine launched a forestry reform in 2016. As part of it, the sale of unprocessed timber at electronic auctions has already been introduced. Since 2021, an interactive map of wood processing facilities has been operating in a test mode in a number of regions.
The industry has implemented the Forest in a Smartphone project, which contains a list of logging tickets for timber harvesting and allows you to check the legality of logging on the agency’s online map.
On June 1, 2023, Ukraine launched a pilot for the electronic issuance of logging tickets and certificates of origin of timber. In addition, the State Enterprise “Forests of Ukraine” has launched a pilot project to procure timber harvesting services through the electronic platform Prozorro.
