Deal #4717

Tanzania
Created at
2015-06-17
Last update
2024-12-06
Last full update
2024-12-06

Operating Company

Operating company
Actors involved in the negotiation / admission process
  • Other
Comment on investment chain
In 2008, the intercompany balance between Green Resources AS and its subsidiary, Tanga Forest Company Ltd, was NOK 4.6 million, compared to NOK 2.1 million in 2007. In July 2012, GRAS closed down its subsidiary TF. The reasons given were the weak performance of the planted seedlings due to unsuitable soil and changing weather conditions as well as conflicts around land issues.
Network of parent companies and tertiary investors/lenders
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