Our company

Norteak is committed to sustainable forestry, combining economic, social, and environmental goals. Our focus lies in responsible teak plantation management, the restoration of degraded land, and the promotion of local economic development. With a long-term perspective, we ensure our forests grow alongside the communities where we operate—balancing nature conservation, carbon capture, and the production of high-quality timber.

Norteak is locally managed in Nicaragua, while the majority of shareholders are based in Norway.

Norteak AS – Norway

Norteak AS, headquartered in Oslo, Norway, is the parent company and includes 40 shareholders—ranging from pension funds and private investors to family-owned capital.Institutional investors hold approximately 50% of the shares, providing the company with long-term stability and strategic financial backing.

Board of Directors

Norteak’s board consists of six members, including three forestry experts from Norway who guide the company’s strategic direction.The company’s financial administration is managed by Industrifinans Forretningsførsel AS, ensuring professional oversight and accountability.

Norteak Nicaragua S.A.

Local operations are managed by Norteak Nicaragua S.A., based in Managua.The head office team includes four administrative and management professionals who coordinate forestry investments and ensure smooth day-to-day operations.

Forestry Operations – Camoapa

The core of our forestry activities is located in Camoapa, Nicaragua, at La Embajada farm. Here, all plantation operations are coordinated and executed.

  • 18 technical staff, led by an experienced Operations Chief, manage the plantations

  • Most team members are local experts, trained and developed within the company

  • The team ensures adherence to sustainable forestry practices, fully aligned with FSC™ and CCB certification standards

Contact us

Office

First entrance to Las Colinas, 3 blocks East, 1 1/2 blocks North. Paseo de las Colinas Residential, House No. 101

123 Sample St, Sydney NSW 2000 AU