 The first forest lease agreement was signed by the Russian Titan Group in 1999 with the Karpogorsk Forestry in Arkhangelsk region of Russia. The plot area amounted to 236.6 thousand ha, and the annual cutting volume was 243.2 thousand m3 of wood. The main problem that had to be faced then was obsolete forest inventory documents. The forest inventory documents were drawn 25 years ago in the most forest sites. 