Gudeamesterhaza was a joint-stock company founded in ClujNapoca, Transylvania, in 1918 with the aim of exploiting the wood from the forestry domain of the Baron Banffy family. Banffy represented a prominent family among the Hungarian nobility in Transylvania since the 13th century, owning various estates in over 100 localities, including a forestry domain located in the western part of the Carpathian Mountains and with an area of over 15,000 hectares. After the First World War and the dissolution of the Dualist Empire, Transylvania became a part of the Greater Romania in December 1918, alongside the Old Kingdom, Bessarabia and Bukovina. Greater Romania was a national state that through economic, social and administrative measures aimed to improve and consolidate the position of the Romanian majority in society and economy. Moreover, the state became increasingly active in the economy, especially industry, and in the process of redistributing resources, more precisely land. Firstly, in this paper, I will focus on GödemesterházaJSC and its actions towards the agrarian reform of 1921 in Transylvania, since this law was applied on its forestry domain and expropriated approximately 4500 hectares. Moreover, the application of this law led to a long period of lawsuits between the company and the Romanian state, and to the exclusion of one of the shareholders from the company, i.e. baron Zoltan Banffy. Secondly, the paper will analyse the efforts of Gödemesterháza to benefit from the advantages of the law for the encouragement of national industry, and the results achieved by the company after receiving the advantages provided by the law. It is important to mention that law for the encouragement of national industry was adopted in the Old Kingdom in 1912 and after the Great Union the provisions of this law were also extended to the territory of Transylvania.