Business news from Ukraine

Business news from Ukraine

STATE-OWNED ARTYOMSOL INCREASES SALES BY 60% IN 2021

25 January , 2022  

In 2021, state-owned enterprise Artyomsol (Donetsk region) extracted, processed and shipped 1.9 million tonnes of salt to consumers, which is 60% more than in 2020, while the share of exports in total supplies grown by 11.2 percentage points – from 28.3% (336,600 tonnes) to 39.5% (744,200 tonnes).
The company said in a report on its website on Tuesday, the sale of de-icing salt last year grew by 25.2% by 2020, to 936,800 tonnes, shipped in bulk ground salt – to 545,800 tonnes (33.2% more), packaged salt sales amounted to 171,900 tonnes, salt in flexible containers (FIBC) increased to 53,700 = tonnes (5.4% more), iodized salt amounted to 45,300 tonnes.
“The increase in the efficiency of the enterprise was achieved thanks to… a comprehensive program for the improvement of production, developed and implemented at the end of 2020. As a result, last year the volume of salt production increased, sales of products grew, the level of profitability of the enterprise increased, and the wages of employees also grew,” the company said.
SOE Artyomsol is one of the largest enterprises for the extraction and sale of table salt in Central and Eastern Europe. The production facilities of SOE Artyomsol are located in Soledar, Donetsk region.

,