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Margo Klaasmägi

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ARTISTON KINNISVARA OÜ's activity report 2022

OÜ Artiston Real Estate is a company belonging to the Artiston Group, whose aim is to manage the group's forest real estate portfolio. In the fiscal year 2022 – 2023, the volume of roundwood sold from the forests of OÜ Artiston Real Estate (hereinafter also the „Company“) increased by 4% and the Company's sales revenue increased by 46%. In the first half of the fiscal year, the price of roundwood continued to rise, which was accompanied by a doubling of the price of wood chips during the heating season. The average stumpage price increased by 35% compared to the previous period. Profit was

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