Ukraine’s state-owned forestry company, Forests of Ukraine, has set a new sales record by achieving UAH 8.9 billion in revenue from unprocessed wood exports during the second quarter of 2025. The company’s General Director, Yuriy Bolokhovets, announced this milestone on his Facebook page, highlighting the success of their export initiatives.
The record-breaking sales reflect the rising demand for Ukrainian timber in international markets, as well, as the strategic importance of the forestry sector in Ukraine’s economic development. This achievement demonstrates the effectiveness of the company’s export strategies and the global interest in Ukrainian wood products.
The impressive revenue could have a significant positive impact on Ukraine’s economy, particularly in terms of export earnings and job creation within the forestry industry. As the company continues to expand its market presence, the success of its export initiatives may further boost the country’s economic growth.
Forests of Ukraine’s success in selling unprocessed wood at such a high volume underscores the growing importance of the forestry sector in Ukraine’s economic landscape. This milestone also highlights the company’s ability to manage and export its resources effectively, contributing to the country’s overall economic stability and development.
With the continued demand for Ukrainian timber, the company is well-positioned to maintain its competitive edge in the global market. As the forestry sector continues to grow, it is expected to play an even more crucial role in Ukraine’s economic future, especially as the country seeks to diversify its export portfolio.