Coillte manage approximately 7% of the country’s land, and operates three businesses – their core forestry business, a land solutions business, and a wood panel manufacturing business called ‘Medite Smartply’
In its 27 years of operation between 1989 and 2016, Coillte had:
- Grown its forest and land estate from 396,000 hectares to over 440,000 hectares[2]
- Increased operating profits from a loss of €0.4 million to operating profits of €64.9 million (2016)[6]
- Grown turnover from €38.0 million to €287.7 million (2016)[6]
- Increased log sales from 1.5 million cubic metres to 1.6 million cubic metres (2016)[6]
According to the Coillte website, 20% of its estate is managed with biodiversity as the primary objective.[8] Other entities have however questioned Coillte’s commercially focused practices and the amount of land afforded to native species.[7] Source Wikipedia,