State Enterprise "Srbijašume"

Since its establishment, the Enterprise operations have been directed towards meeting society’s needs and the requirements of the time we live in. In regard to its development, the Enterprise strives to be modern, market-oriented and profitable. Its business strategy, mission and vision are in compliance with the plans and policies of the Government of the Republic of Serbia.

The Enterprise's business objectives are complex and result from the fact that forests represent just a conditionally renewable natural resource and a common good, and that they need to be managed by respecting the principles of sustainable use. Such forest management implies the alignment of business activities with growing environmental and social requirements. Enterprise employees are obliged to manage forests as "good hosts", taking into account the method of cultivation, protection and use of forests. In order to protect the environment, SE "Srbijašume" organizes activities aimed at afforestation, cleansing and managing of protected natural assets, forest protection against fires and other natural disasters. The Enterprise has been given confirmation of its high-quality sustainable forest management through the international FSCTM certification system.

In year 2015, SE "Srbijašume" reached the highest production volume since its founding. A production of wood assortments was realized in the amount of 1.35 million m3, representing an increase of 5% compared to the previous year. Wood sales was higher by 7.4%, while the total revenue from the sales of wood assortments increased by 11.2%. Total revenue amounted to € 55.5 million and expenditure amounted to € 51.4 million. Compared to the year 2014, total revenue increased by € 4.9 million, while expenditure increased by only € 1.24 million. Such a business policy resulted in a profit of € 4.1 million.