Business news from Ukraine

Business news from Ukraine

“Slavic Wallpapers” increased production by 1.4% in 2024

16 January , 2025  

Slavic Wallpaper-KFTP JSC (Koryukivka, Chernihiv region), a leading Ukrainian wallpaper manufacturer, produced 16.39 million conventional pieces of wallpaper in 2024, up 1.4% from 2023.

According to statistics provided by UkrPapir Association to Interfax-Ukraine, the company maintained a small increase in production at the end of the year, which gradually slowed down over the course of the year, with growth of 18-20% in the first months.

At the same time, in monetary terms, the factory’s production volume decreased slightly last year to UAH 1 billion 246 million.

In December, the company produced 1.02 million conventional pieces of wallpaper, which is 9.7% less than in December 2023 and 22.4% less than in November last year.

The Association does not have data on the total production of wallpaper in Ukraine in 2024, as the State Statistics Service has stopped providing it.

JSC Slavic Wallpaper-KFTP produces more than 10 types of wallpaper from the economy segment (paper, duplex, acrylic) to premium wallpaper (vinyl, non-woven, hot stamped), as well as its own latex, water-dispersion paint under the Latex brand.

As reported, in 2023, Slavic Wallpapers-KFTP increased its wallpaper production by 19% compared to 2022, to 16.2 million units, production increased by 38.2% to UAH 1 billion 249 million, and net profit increased almost eightfold to UAH 47.7 million.

Earlier, the company noted that sales volumes, especially through retail channels, had dropped significantly as a result of Russian aggression.

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