The company was founded in 1993 and is now an enterprise of year-round logging and hauling of wood. The name of Chagnar occurred during joint cooperation of two enterprises in Chagoda and Narva. The enterprise operates since 1999.
The leases of the Chagnar LLC include 3 leases of land with total area of 45,016.9 hectares. The annual allowable cutting rate is 85,905 cbm. on the area of 609.6 hectares. in the Chagoda state forestry. 37 people work in the organization today.