Ruta, a major Ukrainian manufacturer of sanitary and hygienic paper products, whose management company is VGP JSC (Lutsk), produced products worth UAH 417.4 million in January-March, up 8.2% compared to the same period in 2023.
According to Ukrpapir Association’s statistics provided to Interfax-Ukraine, in physical terms, in particular, the production of toilet paper in rolls increased by 1.7% to 31.9 million units, which remains the third result in the industry after Kyiv Cardboard and Paper Mill (64.5 million units) and Kokhava Paper Mill (37.7 million units).
Thus, in the first quarter, the company slowed its production growth rate in monetary terms compared to the same period in 2023, which amounted to 13.8% in the first two months. The growth rate of production in physical terms also slowed.
The company produces cellulose-based sanitary products from imported base paper.
VGP’s brand portfolio includes napkins, toilet paper, paper handkerchiefs, and kitchen towels under the Ruta, Ruta Selecta, Fesko, Nosovic, Polotenchko, 100% paper, Servetta, and Ecolo brands. The assortment includes more than 180 items.
As reported, in 2023, the company produced products worth UAH 1 billion 611 million, which is 64.8% more than in 2022.
According to the Clarity-project resource, in 2023, the company received UAH 185.2 million in net profit, up from UAH 3.6 million a year earlier.
