GreenGold Timberlands 1 UAB — Company Profile

Note: This profile is compiled from publicly available information up to October 2024. Where specific legal or contact details of the Lithuanian special-purpose entity (SPV) are not available in open sources, this is indicated explicitly. For authoritative, up-to-date legal data, consult the Lithuanian Centre of Registers (Juridinių asmenų registras) or Rekvizitai.lt.

Company Overview

Legal name: GreenGold Timberlands 1 UAB
Country of registration: Lithuania (Uždaroji akcinė bendrovė – UAB)
Industry sector: Forestry and timberland investment; sustainable forest management
Founding date: Not publicly available in open sources consulted; likely formed as a special-purpose company for timberland acquisitions in Lithuania (see History and Sources).
Headquarters (registered office): Not publicly available in open sources (see Legal Information).
Parent/affiliation: Part of or affiliated with the GreenGold group, a Nordic forestry investment and management platform focused on sustainable long‑term timberland ownership and operations across Northern and Eastern Europe.

Legal Information

Įmonės kodas (company code): Not publicly available in open sources accessed; retrievable through Juridinių asmenų registras (Registrų centras) or Rekvizitai.lt.
PVM kodas (VAT code): Not publicly available in open sources accessed; verify via VMI (Valstybinė mokesčių inspekcija) or Registrų centras.
Official website: No dedicated website for the SPV found in open sources. Group-level information: https://greengold.se (GreenGold Group). Some country pages exist for GreenGold’s operations; a Lithuania-specific page was not verifiable in open sources consulted.
Email address: Not publicly available for the SPV. General group contact (as available on corporate site): typically via contact forms or country office emails listed at https://greengold.se/contact (availability may vary).
Registered office address: Not publicly available in open sources accessed. The authoritative registered address can be obtained from the Lithuanian Centre of Registers.
Phone number: Not publicly available in open sources accessed; see Contact Information for general group contacts.

Business Operations

Main products/services:
- Acquisition and ownership of forestland assets in Lithuania.
- Sustainable silviculture and forest management (planting, thinning, harvesting).
- Sale of roundwood/timber assortments to local and regional sawmills, pulp and panel producers.
- Forest certification and compliance (FSC/PEFC) where applicable via the group’s management framework.
- Long-term value creation through site productivity improvements, biodiversity measures, and regeneration.

Business model:
GreenGold Timberlands 1 UAB functions as a special-purpose vehicle to hold Lithuanian timberland assets within the broader GreenGold investment platform. Operational forestry activities are typically executed by the group’s regional management teams and contractors, with revenues arising from sustainable harvesting and ancillary forestry services. The model emphasizes long-term, yield-based cash flows from timber sales and asset value appreciation, underpinned by certification standards and sustainable practices.

Market position:
The SPV forms part of a multi-entity structure in the Baltics used by international timberland investors to assemble and manage diversified forest portfolios. Within Lithuania, such entities collectively represent an important share of professionally managed private forests, competing with other foreign and local investors for high-quality stands and contiguous parcels.

History

Founding story and milestones:
- Establishment as an SPV: GreenGold Timberlands 1 UAB was created as part of GreenGold’s expansion strategy in the Baltics to acquire and professionally manage Lithuanian forestland. SPVs are commonly used to segregate assets, financing, and risk per portfolio or investor mandate.
- Portfolio buildup: Following its formation, the company is understood to have participated in transactions to consolidate forest holdings, aligning with GreenGold’s cross-country approach in Northern and Eastern Europe.
- Sustainable management: In line with group policy, the entity’s forests are generally managed under sustainable forestry frameworks, seeking certification and applying best practices in regeneration, biodiversity protection, and community engagement.

Exact incorporation date, transaction details and project-specific milestones for GreenGold Timberlands 1 UAB are not publicly listed in open sources accessed and should be verified via Lithuanian corporate registries and official disclosures.

Financial Information

Revenue: Not publicly available; as a private Lithuanian SPV, detailed financial statements are typically filed with authorities but are not disseminated broadly in open media.
Funding rounds: Not publicly disclosed; timberland SPVs are generally funded by equity capital from institutional and private investors managed by or alongside the GreenGold platform, and may utilize debt financing secured against forest assets.
Ownership structure: Not publicly available in open sources. SPVs of this type are usually wholly owned by holding entities or fund structures associated with GreenGold, with beneficial interests held by investors under management agreements.

Leadership and Management

Key executives (vadovai):
- Director/CEO (Vadovas): The registered director’s name and appointment details are not publicly available in open sources accessed; consult Juridinių asmenų registras for the current entry.
- Board members: If applicable (some UABs have a supervisory board or board of directors), the names are retrievable from the Centre of Registers; not available in the open sources consulted.

Operational management for forestry activities is typically overseen by GreenGold’s Baltic/Regional teams, with responsibilities for silviculture, harvesting and sales managed by professional foresters and contractors under group policy.

Office Locations

Registered office (buveinė): Not publicly available in open sources accessed; verify via Registrų centras.
Additional offices: No separate Lithuanian office locations for the SPV identified in open sources. Most operational coordination occurs through the GreenGold group’s regional network. Phone numbers specific to this SPV are not publicly listed.

Market Position

Competitors:
- Other international timberland investors operating in Lithuania and the Baltics (e.g., investment arms of multinational groups that acquire forest assets).
- Local Lithuanian forestry investment companies and forest management firms consolidating private forests.
- Aggregators and holdings managed by institutional investors with a sustainability focus.

Market share: Not publicly quantified; Lithuanian private forestry is fragmented, and SPV-level market share figures are rarely disclosed.
Competitive advantages:
- Access to institutional capital through the GreenGold platform enabling scale acquisitions and professional management.
- Emphasis on long-term, sustainable forestry with certification (FSC/PEFC) where applicable.
- Regional operational expertise and data-driven forest planning to optimize yield, biodiversity, and regeneration outcomes.

Recent Developments

Latest news:
Open-source media periodically reports on transactions involving GreenGold-affiliated entities in the Baltics; however, itemized, SPV-specific announcements for GreenGold Timberlands 1 UAB were not identified in the sources consulted. Expansion typically occurs through ongoing parcel acquisitions, optimization of stands, and certification processes aligned with group strategy.
Partnerships: Collaborations are commonly with local forestry contractors, nurseries, certification bodies, and regional industry buyers (sawmills, panel producers). No SPV-specific partnership announcements were found in open sources accessed.

Contact Information

Company (SPV) direct contacts:
- Email: Not publicly available in open sources accessed.
- Phone: Not publicly available.
- Registered office address: Not publicly available; consult Juridinių asmenų registras (Registrų centras) for authoritative record.

GreenGold Group general contacts (for Lithuania-related inquiries):
- Website: https://greengold.se
- Contact page: https://greengold.se/contact (contains generic contact channels and country office information where available)
- General email or phone: May be listed on the group contact page; specific Lithuanian SPV contacts were not found in open sources consulted.

Sources and References

- Lithuanian Centre of Registers (Juridinių asmenų registras, Registrų centras): https://www.registrucentras.lt — authoritative source for company code, VAT code, registered office, and officers.
- Rekvizitai.lt (Lithuanian business directory): https://www.rekvizitai.lt — commonly used for company snapshots (codes, addresses, VAT status, contacts).
- GreenGold Group official website: https://greengold.se — corporate overview, sustainability approach, contact information, country operations.
- Valstybinė mokesčių inspekcija (VMI): https://www.vmi.lt — VAT registration verification and tax-related information.
- FSC and PEFC certification bodies in the Baltics — general background on sustainable forestry certification frameworks (e.g., https://fsc.org, https://pefc.org).
- Lithuanian and Baltic business media (e.g., Verslo žinios, The Baltic Times) — periodic reporting on forestry investments; SPV-specific disclosures were not identified in open sources accessed.

For precise legal and contact details of GreenGold Timberlands 1 UAB, including įmonės kodas, PVM kodas, registered office address, phone, and officers, use Registrų centras or Rekvizitai.lt, which maintain the official records.