State-owned enterprise Forests of Ukraine has reported a remarkable 25.4% increase in product sales revenue for the first nine months of 2025, compared to the same period in 2024. This growth brings the total revenue to UAH 21.7 billion, according to the company’s press service. The results reflect successful implementation of the country’s forest management strategies and increased demand for timber and other forest products both domestically and internationally.
Analysts attribute the revenue growth to a combination of factors, including improved operational efficiency, expanded export markets, and favorable market conditions. The company has also invested in modernizing its infrastructure and adopting more sustainable forestry practices, which have helped to boost production and meet rising consumer demand. These efforts have not only enhanced the company’s profitability but also contributed to the broader economic development of Ukraine’s forest sector.
The success of Forests of Ukraine underscores the importance of state-owned enterprises in driving economic growth and meeting national development goals. As the country continues to focus on sustainable development and economic diversification, the forestry sector is expected to play an increasingly important role in Ukraine’s economy. The continued growth of the sector will depend on maintaining these positive trends and adapting to changing market conditions and environmental challenges.