Fake claims about billion-level debt of SFE “Forests of Ukraine”: debunking misinformation

07 April 2026

Over the past week, Telegram channels and media outlets have been spreading publications about the alleged critical condition of SFE “Forests of Ukraine” due to multi-billion debt. This narrative has been fabricated by individuals who fail to understand that at the end of each quarter the enterprise accrues significant tax liabilities — VAT, corporate income tax, and a share of net profit — which are paid in the following reporting period.

In particular, in the first quarter of 2026, SFE “Forests of Ukraine” transferred UAH 4 billion to the state budget.

The enterprise also has current obligations to contractors for work completed over the past month, including logging, transportation, and related services. These obligations are fulfilled on time: SFE “Forests of Ukraine” has no overdue payables to its counterparties.

As of January 1, 2026, the company’s financial stability ratio (equity / long-term and current liabilities) stood at 1.72. This is an exceptionally strong indicator, demonstrating the enterprise’s independence from external financial support.

The company fulfilled 98% of its contractual obligations for timber supply in the first quarter, excluding cancellations initiated by buyers themselves.

Today, SFE “Forests of Ukraine” is an example of highly stable operations and a responsible approach to fulfilling its obligations to clients and partners.

All other claims in the mentioned publications are equally false and absurd. These materials show clear signs of being commissioned, are distributed solely for money, and are part of a coordinated PR campaign

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