The company is located in Pljevlja, a town in northern Montenegro, located on the surface of 1346 km2 in a region rich in forests. It was privatized in 2007. and is 100% owned by the company Vektra Montenegro.
The factory complex is located on an area of approximately 17 ha (hectares), at the entrance of the city. The purpose of the company is harvesting, cultivation, and processing of wood. The company has an agreement with the government of Montenegro on the exploitation of forest resources for a period of 30 years. The available annual allowable cut is 140 000 m3 gross timber, arranged in 13 management units that occupy a total area of 58 932,94 ha (hectares).