In January-May 2024, Ruta, a major Ukrainian manufacturer of sanitary and hygienic paper products, whose management company is VGP JSC (Lutsk), produced products worth UAH 680.6 million, which is 1.5% more than in the same period in 2023.
According to statistics provided by UkrPapir Association to Interfax-Ukraine, the company has thus returned to positive dynamics in this indicator over the past five months compared to the same period last year, while in January-April it showed a 12% decline.
In terms of volume, the company’s production of toilet paper in rolls remained at last year’s level – 54.7 million units, which remains the third best result in the industry after Kyiv Cardboard and Paper Mill (107.6 million units) and Kokhava Paper Mill (58.2 million units).
The company produces pulp-based sanitary and hygiene products from imported base paper.
VGP’s portfolio includes dry and wet wipes, toilet paper, paper handkerchiefs, and kitchen towels. 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, in the first quarter of this year, VGP increased its net profit by 43% to UAH 45.5 million, while revenue increased by 9% to UAH 402 million.
