The comprehensive performance of the Lesy ČR and Lesy SR forest enterprises was evaluated three decades after the separation of the Czech and Slovak Republics. Implementation of the overarching goal of sustainable forest management was studied using the criteria and indicators approach of the theory-based 3L Model. Quantitative and qualitative data, collected from 2016 to 2019 by means of surveys (face-to-face interviews and questionnaire), document analysis and observation, show similarities and differences between two enterprises that have completely different business models: concessions (Lesy ČR) vs. management by state organisation (Lesy SR). Both enterprises focus intensely on sustaining forest stands (rooted in strong state regulation), though guaranteeing sustainability within the state forest entrusted to the Lesy ČR entails great risk. Despite growing public pressures, both enterprises have a rather weak orientation toward non-market demand. In addition, their political role is weak and no great effort is devoted to innovation (new forest goods). Furthermore, the economic performance of the enterprises studied reveals a big difference: Lesy ČR generates an incomparably high profit, not only when measured against Lesy SR but also against other European state forest enterprises.
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