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INVESTMENTS (Tables)
12 Months Ended
Dec. 31, 2023
Investments in subsidiaries, joint ventures and associates reported in separate financial statements [abstract]  
Schedule of investments by type
December 31, 2023December 31, 2022
Investments in associates and joint ventures355,520 354,200 
Goodwill228,887 233,399 
Other investments evaluated at fair value through other comprehensive income – Celluforce23,606 24,917 
608,013 612,516 
Schedule of investments in associates and joint ventures
Information of joint ventures as of
December 31,
2023
Company Participation
Carrying amountIn the income (expenses) for the year
EquityIncome (expenses) of the yearParticipation equity (%)December 31, 2023December 31, 2022December 31, 2023December 31, 2022
Associate
Ensyn Corporation1,515 (29,648)25.53 %387 1,250 (12,448)(1,036)
Spinnova Plc (1)
509,777 (56,567)18.78 %95,736 113,079 (20,109)2,871 
96,123 114,329 (32,557)1,835 
Joint ventures
Domestic (Brazil)
Biomas 16,782 (13,218)16.66 %2,797  (2,203) 
Ibema Companhia Brasileira de Papel314,033 103,399 49.90 %156,703 158,996 35,161 48,891 
Foreign
F&E Technologies LLC9,973  50.00 %4,987 5,230   
Woodspin Oy189,821 (39,560)50.00 %94,910 75,645 (19,780)(2,220)
259,397 239,871 13,178 46,671 
Other movements23,606 24,917  235,862 
23,606 24,917  235,862 
379,126 379,117 (19,379)284,368 
(1)The average share price quoted on the Nasdaq First North Growth Market (NFNGM) was EUR2.40 (two Euros and forty cents) on December 31, 2023 and (EUR5.44 (five Euros and forty-four cents) in December 31, 2022).