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Since the start of the Silvestica Green Forest in the summer of 2017, the business has developed faster than planned and at the end of last year the total investments amounted to approximately EURO 160 million distributed over 54,000 hectares. As a result of the fast investment rate, an increased commitment from the investors became…

SILVESTICA ACQUIRES 2 211 HECTARES OF FOREST LAND IN FINLAND

Silvestica Green Forest Finland Oy has acquired 2 221 hectares of forest land from Rumo joint forest in Valtimo central Finland. It is the biggest single private property that Silvestica has acquired in Finland. Silvestica now owns 31 000 hectares of forest land located in the regions Kajaani and Osterbotnia. The new forest property will…

SILVESTICA ACQUIRES COMPANIES WITH 4300 HECTARES OF FOREST LAND IN LITHUANIA BECOMING DAUGHTERCOMPANIES TO SILVESTICA GREEN FOREST LITHUANIA, UAB.

Silvestica has acquired the Lithuanian limited companies UAB Aukstasile and Aukstagire from INVL Forest Fund. The companies owns forest real estate all over Lithuania but with a concentration to the southern and eastern regions. The forest holdings will be managed by a Lithuanian forest management companies Investiju Partnerai and Sustenera. The forests will be associated…

SILVESTICA ACQUIRES A COMPANY WITH 3620 HECTARES OF FOREST LAND IN LATVIA BECOMING A DAUGHTERCOMPANY TO SILVESTICA GREEN FOREST LATVIA, SIA.

Silvestica has acquired the Latvian limited company SIA Bio Agro. The company owns forest real estate all over Latvia but with a concentration to the central regions. The forest holdings will be managed by a Swedish forest management company Skogsutveckling Syd AB, Latvijas Filiales. The forests will be associated with the existing FSC- and PEFC…

Silvestica acquires 1,208 hectares of forest land in Sweden

Silvestica Green Forest Finland AB has acquired 1 208 hectares of forest land from WWF in county of Värmland, Sweden. This is Silvesticas first acquisition in Sweden. The new forests will be included in a FSC- and PEFC group certification programme. WWF’s press release: www.wwf.se/pressmeddelande/wwf-saljer-del-av-skogsarv-3426593/

Silvestica develops private leisure properties in Finland

The Kainuu province in Northern Finland is famous for its vast forest areas and unique possibilities for hunting and outdoors activites. In this region, Silvestica Green Forest has acquired an extensive area of land to be developed and sold as leisure properties under the brand Silvestica Estates. In this, one of Finland’s most popular recreational…