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The silver fir (Abies alba Mill.) is among the most valuable conifers in Europe for ecological and economic reasons. Throughout the course of history, primarily in the 20th century, its share in stands has been declining due to ill-suited management practices, especially clear-cut management, air pollution (SO2 and NOX emissions), and wildlife-induced damage. This literature review compiles findings from 338 scientific papers. It describes futures for silver fir and its distribution, ecological requirements, threats and diseases, seed production and nurseries, and forest management practices with emphasis on ongoing climate change. Based on recent knowledge of fir ecology and population dynamics, small-scale shelterwood and selection management have been introduced in fir stands, which have also stabilized them. Fir is an essential species for maintaining high stability and biodiversity, especially on planosols and in waterlogged habitats. Owing to its shade tolerance and environmental plasticity, it can coexist very well with many tree species in mixtures, which can increase the productive potential of stands within the natural range in Europe. The average stand volume of mature fir stands ranges from 237–657 m3 ha−1. For its successful natural regeneration, it is essential to reduce cloven-hoofed game and thus prevent bud browsing damage. The attractiveness of fir in terms of heavy browsing is the highest of all conifers (52% damage). On the other hand, fir is a species relatively resistant to bark stripping and the spread of secondary rot compared with Norway spruce (Picea abies [L.] Karst.). Under global climate change, fir is expected to shift to higher elevations with sufficient precipitation, while in the southern part of its natural range or at lower elevations, outside water-influenced habitats, it is likely to decline. Climate change is intricately linked to the heightened prevalence of forest pathogens with significant damage potential in Europe, necessitating careful consideration and strategic adaptation within management practices of fir forests. [ABSTRACT FROM AUTHOR]