Business news from Ukraine

“Carton and paper company” from Lviv in 2022 increased production volume by more than half

OJSC “Carton and Paper Company” (Lviv), major Ukrainian producer of carton sleeves and sanitary products, in 2022 increased production volume by 51.5% as compared to 2021 – up to UAH 1 billion 186 million.
According to statistics provided to agency “Interfax-Ukraine” statistical association “UkrPapir” in terms of volume the company slightly increased the output of paper-base for hygiene products – up to 7.04 thousand tons, while increasing the production of toilet paper rolls by 43% – to 4.1 million pieces.
Production of cardboard products also increased slightly (1.1%) – to 26.7 thousand tons.
As reported with reference to statistics “UkrPapyr”, the mill has continued to work all months from the beginning of this year, reducing the output of paper and paperboard in March (to March 2021), but in April has already gone to a positive trend, which remained in the following months.
“Carton and Paper Company” (until 2011 – “Lvivkartonoplast”) produces products and semi-finished products from waste paperboard (cardboard sheets, corners, sleeves), cellulose and recycled waste paper (toilet paper, towels, napkins TM Papero).
The owners of the company are four individuals, three of whom own equal shares of nearly 27.78%, one – 16.67%.
In 2021 the company produced UAH 782.7 mln worth of products, which is 47% more than the year before.

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