Coillte

Corporate Strategy

Our strategy envisages that Coillte will develop in four areas: forestry, land management, panel products and renewable energy.

In the Annual Report 2009 our Chairman says:

"The continuing difficult market conditions for construction products reinforce the need for the Group to continue to deliver on the corporate strategy developed in 2007.  This strategy identified the need to move away from an over-reliance on construction and to broaden the revenue base of the Group. Coillte has unique assets that enable the Group to contribute in a major way to the achievement of critical national objectives in relation to forestry, sustainable timber products, climate change and renewable energy."

"Recognition of the potential contribution that Coillte can make in these areas led us to re-define our purpose as an innovative and sustainable manager of natural resources.  This purpose is consistent with the imperative to develop a smarter, greener economy as Ireland and Europe strive to return to economic growth. Our strategy envisages that Coillte will develop in four areas: forestry, land management, panel products and renewable energy. We believe that this strategy, when fully implemented, has the potential to add significant shareholder value to Coillte in the medium term while also fulfilling important national objectives".

Brendan McKenna - Chairman
David Gunning - CEO