Forwood in Panama is a strong and well-established brand and company under the Green Growth Nordic AB, a public Swedish limited liability company with more than 1000 shareholders whose business concept is to work in the so-called agricultural industries, which include forests and soil. The company owns teak plantations from 20 to 24 years, manages, and refines land and teak plantations in Panama, is also certified by the Forest Stewardship Council (FSC), which means that Forwood in Panama continuously works to ensure that the business contributes to long-term positive environmental and social development globally, also conducts international trade in timber and carries out planting, harvesting and management assignments for institutional forest owners in Central America. Forwood is also a major timber trader in Latin America through its own sales organization with offices covering both north and south India.