Business news from Ukraine

Lviv-based Cardboard and Paper Company maintains slight decline in production

21 July , 2024  

Lviv-based Cardboard and Paper Company LLC, a major Ukrainian producer of cardboard tubes, produced products worth UAH 602.8 million in January-June 2024, down 5.6% from the same period in 2023.
According to UkrPapir Association statistics provided to Interfax-Ukraine, the company reduced its output of cardboard products by almost 12% in physical terms, to 11.6 thousand tons, while it increased its production of paper base for sanitary products by 21%, to 4.3 thousand tons.
Production of toilet paper in rolls decreased by 11.3% to 2.5 million units.
LLC Cardboard and Paper Company produces products and semi-finished products from waste cardboard (cardboard sheets, corners, sleeves), cellulose and recycled waste paper (toilet paper, towels, napkins under Papero brand).
The company supplies its products, in particular, to the EU countries.
Among its customers are Biosphere, Arterium, Nestle, Khlibprom, Yarych confectionery, and Galychyna dairy company.
As reported, in 2023, the company increased its production by 7% compared to 2022, to UAH 1.27 billion.