Forest resources of Northern Bukovyna and Khotyn County have long played an important role in the life of the local population. During 1918–1940, the forest branch of the region occupied one of the leading positions in all industry. In particular, during the investigated period there was an expansion of production and an increase in the number of enterprises (from 32 to 48). Among the most important enterprises in the logging, sawmilling, furniture, pulp and paper subsectors of Northern Bukovyna and Khotyn region, which operated between the two world wars were: Joint-Stock Company f. Wood Industry «Goetz», «Forestiera», E.H. Friedmann, Engel & Glasberg Sawmill, a furniture factory «Ant», «Nikolaus Zajacskowski & Sons, Barrels Factory with Electric Power», a factory for the production of wooden nails «Astra», a paper factory «Biedermann and Kindler», Wallpaper and Paper Bags Factory «Tapa» Limited Liability Company in Chernivtsi.