coillte.jpg

Name / Title

Coillte

 

Case Study Region

 

Coillte is a national based company that operates offices in the West of Ireland – A Regional Office is based in Oranmore, County Galway.

Geographical coverage

Coillte office and forestry specialist based in Galway, Mayo and Roscommon

Type

Business; advice service; training scheme; government

 

Main activity / focus

 

Coillte is a commercial state owned company operating in forestry, land based businesses, renewable energy and panel products. The company employs approx 1,100 people and it owns over 445,000 hectares of land, about 7% of the land cover of Ireland.

 

Target beneficiaries / market

 

Benefits local farm foresters and land owners, contractors to work in harvesting, haulage, engineering, establishment, and nurseries.  The general public who enjoy the tourism and recreational aspects of Coillte.

Year established

Established in 1988.

 

Current Funding source(s)

Coillte is a private limited company with all shares in the company held by the Minister for Agriculture, Fisheries and Food and the Minister for Finance on behalf of the Irish State.


Participants

The Board of Directors is appointed by the Minister for Agriculture and Food.

Website

http://www.coillte.ie/

 

Description

 

Coillte was established under the Forestry Act 1988, which defines the principal objectives and duties of the company.  The company started trading in 1989 when it acquired ownership of the State’s forests. The principle purpose of the company was to commercially manage these forest assets. The company has undergone a major transformation since that date by becoming a European scale forestry and forest products business.

Since 1989, Coillte has increased its forest estate in area from 376,000 ha to 445,421 ha. (445,315 ha are forested); they have increased profits from a loss of €438K to profits of €4.2 million (2009); turnover has grown from €38 million to €206.9 million (2009) and roundwood sales have grown from 1.5 million cubic metres to 2.4 million cubic metres. Coillte has three distinct divisions with three different support functions: Coillte Panel Products, which manages its major panel products companies; Coillte Forest which manages the Group’s forestry business and Coillte Enterprise which comprises a range of businesses developed from the company’s core skills and forest assets, including land development and Training and Safety.

Coillte owns over one million acres of land, most of which is forested.  Its forestry businesses include log sales, farm forestry services, plant sales and laboratory services. Coillte Farm Forest Investment Services, which was established in 1993, provides a comprehensive range of forest establishment and woodland management services and products. Additionally, Coillte provides advice on financial and silvicultural aspects of forestry from seed to sawdust and to date have planted over 50,000 ha for clients who include Private Land Owners, Pension Funds, Investment Companies, Consultants, and Local Authorities. Coillte employs contractors to work in harvesting, haulage, engineering, establishment, nurseries and districts and are central to the success of a wide range of operational programmes. Coillte’s Plant Sales business produces a comprehensive range of trees, shrubs and forest seed for both the Irish and European forestry market.

Coillte have a clear focus on maintaining a balance between commercial success and environmental and social benefits.  In 1999, they developed a nature conservation strategy for its estate in line with its policy of responsible forest management. Coillte’s forests are certified to the Forest Stewardship Council (FSC) scheme since May 2001, which demonstrates that they are well managed in accordance with strict environmental, social and economic criteria. Coillte demonstrates its commitment to responsible forest management throughout its estate which now offers: 15% (88,000 hectares) of Coillte’s estate managed with biodiversity as the primary objective; Over 2,000 km of walking and cycling trails across some of the most beautiful Irish landscape; More than 150 recreation sites and 10 forest parks maintained by the company; Habitat restoration projects.

An additional division of Coillte is its Panel Products Division which consists of SmartPly Europe Ltd.  This segment produces Oriented Strand Board (OSB) and Medite Europe Ltd. which produces Medium Density Fibreboard (MDF). These sustainable timber products are a key part of building for a carbon neutral future.

Looking to the future Coillte have established Coillte Enterprise as a venturing arm of the Coillte Group, which seeks to identify new business opportunities and to extract value from the Group’s broad asset base. It explores business potential in areas such as Land Sales and Development; telecommunications; Renewable energy; Wind farms and Biomass.  Business interests were also explored within Ancillary Businesses such as Coillte Nurseries; Wood Products and Coillte Training and Safety Services.

All Coillte services are nationally based with a strong presence and concentration in the West of Ireland.

 

 

Contact details

 

North/Western Region
Coillte Region Office,
Government Buildings,
Cranmore Road,
Sligo, Ireland
Phone: +353 (0) 71 9162663 or +353 (0) 71 9162575
Email: pr@coillte.ie