Business news from Ukraine

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

18 March , 2024  

Cardboard and Paper Company LLC (Lviv), a major Ukrainian producer of cardboard tubes, produced products worth UAH 194 million in January-February 2024, down 3.7% year-on-year.

According to statistics provided to Interfax-Ukraine by UkrPapir Association, the company reduced its output of cardboard products by 13.8% in physical terms to 4.11 thousand tons, while it increased its production of paper base for sanitary products by 65% to 1.58 thousand tons. The production of toilet paper in rolls increased by 13.2 percent to 0.9 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.

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