Huge Established Deficiency of Growing Stock
From the Documents of Croatian Forests Ltd
Forest management, managed by Croatian Forests Ltd takes place through 649 management units in 17 branches of the Hrvatske šume d.o.o. (Croatian Forests Ltd) Administration.
During the investigation of irregularities in the operations of Croatian Forests Ltd and proving excessive logging and criminal activities, the Green Squad processed Table of Accounting Control for 583 out of a total of 649 management units (90%).
Based on the obtained data, we came to the result that in 583 management units of Croatian Forests Ltd, during the past ten years of management, a total deficit of 16,738,899 m3 in growing stock worth €868,665,989was shown
(according to the average preferential price for the purchase of lumber under the contract with the Croatian Forests Ltd from 2018.).
The stated data refer to the business as of the end of 2019.
This information is not listed in this abstract, as it has not yet been fully completed.
Established growing stock deficiency until 2019 by branches of the Croatian Forests Ltd administration:
* Although we asked all Branches to provide us with all Accounting Controls from the currently valid Management Basis for all management units for which they are responsible, many were not submitted to us.
** A total amount of basic selling timber price per m3 of Croatian Forests Ltd with VAT added
*** The Senj branch on 15 December 2019 submitted all the data we requested, which showed the positive results of management in the previous decade.
From the 649 requested Tables of Accounting Control, 583 of them were submitted, which is 90%.
Further, the analysis of logging during 2020 and 2021 in which we see a huge increase in felling in the entire territory of the Republic of Croatia, and according to incomplete data, the total shortage of growing stock grows to more than 20,000,000 m3, worth more than €1 billion.