Activities

Forwood Forestry Panama S.A., owns more than 1 370 hectares of land, which of the majority is already established teak plantations. The company concentrates on finding and afforesting land suitable for the production of high value timber (teak) and establishing first-class managed teak plantations.

Forwood Management Group S.A., is the counterpart for all investments made in teak and land provided by Forwood Forestry Panama S.A.

Forwood Production S.A., established in 2006 is the start of a small sawing mill in Tortí. The plant today holds basic equipment for training and education of personnel. Focus is on creating a set-up that can take care of teak wood from thinnings to enhance value.

Bolagsförvaltningen i Gbg AB was acquired in 2008 and is currently suspended.

Nordic Financial Group LLC was acquired in 2008 and supply financial solutions on the Ukrainian market.