Business news from Ukraine

Business news from Ukraine

Slavic Wallpapers – KFTB slows down growth rate of wallpaper production to 9.4% in January-February

26 March , 2024  

Slavic Wallpaper – KFTB (formerly Koryukivka Technical Paper Factory, Chernihiv region), Ukraine’s leading wallpaper producer, produced 2.41 million conventional pieces of wallpaper in January-February, up 9.4% year-on-year.

According to statistics provided by Ukrpapir Association to Interfax-Ukraine, the company’s output growth rate slowed slightly in the first two months of the year, to 18.1% in January.

At the same time, in monetary terms, the plant’s production increased by 8.6% to UAH 205.5 million.

The EBA has no data on the production of wallpaper in Ukraine in January-February 2024, as the State Statistics Service has stopped providing it.

As reported, in 2023, the factory increased its wallpaper output by 19% compared to 2022 to 16.2 million units, while production increased by 38.2% to UAH 1 billion 249 million.

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

JSC Slavic Wallpaper-KFTB is one of the largest European wallpaper factories, producing more than 10 types of wallpaper from the economy segment (paper, duplex, acrylic) to premium wallpaper (vinyl, non-woven, hot stamped).

In addition, the factory produces its own latex, water-dispersion paint under the Latex brand.

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