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Economic Efficiency Estimation of Innovations in Combined Forestry and Wood Processing Units in Bulgaria Through Certification in FSC Chain of Custody

In: Innovation in Sustainable Management and Entrepreneurship

Author

Listed:
  • Nikolay Neykov

    (University of Forestry)

  • Emil Kitchoukov

    (University of Forestry)

  • Tsvetelina Simeonova-Zarkin

    (University of Forestry)

  • Aureliu-Florin Halalisan

    (Transilvania University)

Abstract

Forest certification plays an important role in helping and guaranteeing sustainable forest management. The interest in certification has increased in recent years. As of November 2017, the FSC-certified forestry holdings are 72, some of which are included in group certificates of the respective state-owned enterprises in whose territory they are located. The certified forest area in Bulgaria in November 2017 is 1,315,594 ha. Issues related to forest certification and sustainable woodworking management in the country are becoming increasingly important. For studying this influence, were analyzed the main components of the economic efficiency before and after the certification. Problems that appeared to the supply markets are considered in the meaning of the supply chain costs in order to follow Chain of Custody requirements. In paper were performed sensitivity analysis of economic efficiency of woodworking facility after introducing the FSC CoC in Experimental forestry enterprise—Yundola.

Suggested Citation

  • Nikolay Neykov & Emil Kitchoukov & Tsvetelina Simeonova-Zarkin & Aureliu-Florin Halalisan, 2020. "Economic Efficiency Estimation of Innovations in Combined Forestry and Wood Processing Units in Bulgaria Through Certification in FSC Chain of Custody," Springer Proceedings in Business and Economics, in: Gabriela Prostean & Juan José Lavios Villahoz & Laura Brancu & Gyula Bakacsi (ed.), Innovation in Sustainable Management and Entrepreneurship, chapter 0, pages 695-703, Springer.
    • Handle: RePEc:spr:prbchp:978-3-030-44711-3_52
    DOI: 10.1007/978-3-030-44711-3_52
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    Keywords

    FSC; CoC; Forests; Certification;
    All these keywords.

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