Business news from Ukraine

Business news from Ukraine

SLOVIANSKI SHPALERY-KFTB WALLPAPER OUTPUT 2% UP IN JAN-APRIL

30 May , 2018  

Public joint-stock company Slovianski Shpalery-KFTB (previously Koriukivka industrial paper factory in Chernihiv region), one of the CIS’ major wallpaper producers, in January-April 2018 produced 7.57 million conventional sheets of wallpaper, which was 2% up from a year ago, according to the UkrPapir association.
According to the association, wallpaper production in Ukraine in January-April 2018 grew by almost 4.4%, to 30.73 million conventional sheets of wallpaper. The factory’s share of total production was 24.6%.
In April 2018, wallpaper production in Ukraine totaled 7.94 million conventional sheets of wallpaper, which was 8.6% less than in April 2017 and 18.3% less than in March 2018.
Taking into account the production indicators, the volume of commodity products of the plant in January-April 2018 increased 28.4%, to UAH 373.32 million.
Slovianski Shpalery-KFTB produces several kinds of wallpaper, including washable, duplex, vinyl and acrylic wallpaper. It sells over 2,500 designs under the Slovianski Shpalery trademark.
Earlier around two-thirds of products made by the factory were supplied to Russia. The factory also shipped its products to the CIS and European countries.
In 2017 the factory reduced wallpaper output by 6.1% compared to 2016, to 26.79 million conventional units. In monetary terms, the volume of production remained almost at the level of 2016, amounting to UAH 1.066 billion.

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