Business news from Ukraine

Business news from Ukraine

KOKHAVYNSKA PAPER FACTORY RAISES PRODUCTION BY 34%

Kokhavynska paper factory (Lviv region), a tissue and toilet paper producer (the Kokhavynka trademark), in January-June 2018 increased production by 33.8% compared with the same period in 2017, to UAH 260 million. According to the Ukrpapir association, production of paper at the factory in natural terms increased by 16%, to 18,370 tonnes. At the same time, production of toilet paper rose by 1%, to 52.61 million rolls.
Kokhavynska paper factory has been operating since 1939. The factory producers base paper for hygienic goods, toilet paper and paper towels. The capacity of paper making machines is 19,000 tonnes per year, processing equipment 90 million rolls a year.
As reported, in 2017 the factory produced goods worth UAH 421.5 million, which is 23% more than a year earlier, paper production grew by 23.7%, to 33,350 tonnes.
In 2018 the factory planned to increase production to UAH 550 million.
The factory exports about 40% of the products. The main consumers abroad are the Czech Republic, Romania, as well as companies from Belarus, Moldova, Hungary, and the Netherlands.

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