aA
Sweden's furniture group IKEA, Finland's Dasos Capital as well as Lithuania's Dzukijos Miskas and its shareholders are the major forest owners in Lithuania, the delfi.lt news website reports.
Major forest owners named
© DELFI

IKEA has increased its forest holdings to 27,000 hectares in Lithuania, via its company IRI Investments Lietuva, according to the news website.

Dasos Capital comes in second after acquiring a 15,000-hectare forest portfolio from Sweden's Euroforest last year.

Among Lithuanians, Dzukijos Miskas' shareholders Romualdas Lavrenovas and his father Sergejus Lavrenovas and their business partner Andrius Bajorunas are the largest forest owners. According to Romualdas Lavrenovas, they own around 10,000 hectares of forest in total, mainly in the Dzukija region.

Businessman Gintautas Zinkevicius, who owns some 7,000-7,500 hectares of forests together with family members and companies, came in fourth, the authors of the study say.

Dzukijos Mediena and its shareholders are owners of 7,000 hectares of forests and close the TOP-5.

58 natural and legal persons own have forest holdings of over 500 hectares in Lithuania, shows the study carried out by delfi.lt and the Reitingai magazine.

They used official information from the Center of Registers and also surveyed the companies involved, forest specialists, experts and market participants.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.

Finance minister: coronavirus to affect economy

The widening coronavirus outbreak will have implications for the Lithuanian economy , Finance...

Lithuanian businesses might feel coronavirus effect in spring

The coronavirus outbreak in China is already affecting Lithuanian businesses as some companies...

Leader in gaming and VR platforms to undergo major expansion in Lithuania

Unity Technologies , creator of the world’s most widely used real-time development platform for...

German polymer specialist establishing microduct systems production unit in Klaipeda

REHAU , a family-owned polymer specialist with annual sales of around EUR 3.5 billion, is...

Five cities may get another EUR 30 mln to buy electric buses

Lithuania's authorities are considering providing another 30 million euros in EU money to Vilnius,...

Top news

Lithuania declares nationwide emergency due to coronavirus threat

The Lithuanian government declared on Wednesday a nationwide emergency in an effort to minimize...

Installation of Chinese CCTV in Kaunas raises security concern

The installation of a CCTV system produced by Chinese company Hikvision in Lithuania's...

Police chief in Kaunas Zukauskas sacked

Darius Zukauskas , chief of Kaunas County Chief Police Commissariat , has been dismissed from the...

Lithuanian author long-listed for prestigious UK literary award

Noir Press announced that Lithuanian author Grigory Kanovich has just been long-listed for the...

Lithuanian model Ieva hits the London Fashion Week catwalk

A Lithuanian student from Kėdainiai swapped designing clothes for modelling them at one of the...