We are happy to announce that now Crowdestor is offering our investors a new kind of corporation that they can invest in to - forestry. It is such a pleasure to work with this industry especially when it is one of the biggest export industry's in Latvia. Crowdestor's next project in this industry is launching on Thursday (04.07.) called "renewable energy". Company is seeking for additional financing of EUR 180,000 for 9 months’ period. The loan will carry a 14% annual interest rate paid quarterly and the loan is secured with 81,15 ha forest land pledge. Key factors that make lending to the Company an attractive opportunity:The forest sector in Latvia is under the supervision of the Ministry of Agriculture. It works with stakeholders to draft forest policies, development strategies for the sector, as well as regulations on forest management, the use of forest resources, environment protection and hunting. www.zm.gov.lv The State Forest Service, under the Ministry of Agriculture, is the responsible agency for supervising how the provisions of the laws and regulations are observed in forest management irrespective of the ownership type. www.vmd.gov.lv State-owned forests are managed by Stock Company “Latvian State Forests”, which was established in 1999. It implements the state’s interests in terms of preserving and increasing the value of the forest and enhancing the contributions of the forest to the national economy. www.lvm.lv Territories in which recreation is one of the main areas of forest management took up 8% of forestland (293,000 hectares) in 2018 Viewing platforms, educational trails, cultural and historical destinations, areas for picnics – those are just a few of the leisure infrastructure objects that are found in Latvia’s forests. They are open to one and all at no cost at all. Special attention to improving such areas has been paid to state-owned forests. The areas of recreation-based forestland include national parks (except reserves), nature parks, protected landscape areas, protected dendrology plants, protected geological and geomorphologic monuments, nature parks of local importance, the protected zone of dunes along the shores of the Baltic Sea, protected zones around cities, and forests in the administrative territories of cities. Specially protected natural areas are supervised and managed by the Nature Conservation Agency of the Ministry of Environmental Protection and Regional Development. Data source: Publisher NGO "Zaļās mājas" e-book "LATVIAN FOREST SECTOR IN FACTS & FIGURES"
- Management has 19-year experience in the forestry industry;
- Loan is secured with a pledge of 81,15 ha forestland;
- Internationally FSC certified company;
- Company involved in fast growing, EU supported and approved field.