Provision of forest ecosystem services is influenced by site and stand characteristics as well as forest management practices. In order to evaluate the influence of forest management on ecosystem services provision, two artificial black pine forests located in Central Italy were studied where two different thinning approaches (traditional and selective) were applied under the SelPiBio LIFE project. Four main ecosystem services were selected and assessed: timber and bioenergy production, carbon sequestration, forest stand stability-protection, and biodiversity conservation. Even if not supported by statistical evidence, results highlighted an interesting trend just 2 years after treatment. The selective thinning was able to enhance the majority of ecosystem services compared to the traditional one. A higher growth rate of selected crop trees was measured (i.e., carbon sequestration). The slenderness ratio was sensibly reduced (i.e., mechanical stability) with a positive implication on soil retention and the prevention of landslides. Moreover, valuable and interesting commercial assortments have been proven to be retrieved from the stands with the selective approach. Larger and also better formed trees were harvested, given the impact of selective thinning on the co-dominant class. The Shannon index increased only with the selective thinning intervention. In conclusion, the provided results and methods are encouraging and might represent the basis for novel and longer monitoring efforts.