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…