Business news from Ukraine

ARTYOMSOL SEES 47.3% RISE IN SALT EXPORTS TO EUROPE IN Q1 2016

8 April , 2016  

KYIV. April 8 (Interfax-Ukraine) – State-run enterprise Artyomsol saw a 47.3% salt exports increase in January-March 2016 year-over-year.

The company said that this allowed the company to almost double its share of European exports, to 13.7%. Despite warm winter, the company reported a 4.5-fold rise in supplies to Hungary, to 27,900 tonnes, while supplies to Slovakia and the Czech Republic totaled 11,600 tonnes.

“We’re actively strengthening our positions on the Eastern European markets. This is an interesting market with solvent demand. It is convenient from point of logistics. Exports to the EU helps us to compensate Russia’s limitations of Ukrainian salt imports,” the company said, citing acting Director general Volodymyr Dolia.

The 7% decrease in shipments in Ukraine is linked to a fall in demand by road maintenance services.

Artyomsol is the largest enterprise engaged in the production and sale of salt (NaCl) in Central and Eastern Europe.