Business news from Ukraine

Business news from Ukraine

Founders of 2KOLYORY embroidered clothing brand closing their business

According to Interfax-Ukraine, the founders of the 2KOLYORY embroidered clothing brand—whose production facilities have repeatedly suffered damage as a result of enemy strikes—have decided to close their business, as reported on the brand’s Facebook page.

“We are closing 2KOLYORY. For over 10 years, we have been building 2KOLYORY—here in Ukraine. We sewed embroidered shirts, shared a part of our culture with the world, and worked with people we love and cherish. The war has changed more than just our lives. It has changed our business. Our production facility has survived three shelling attacks. They left behind damaged walls, windows, doors, utilities, and traces of destruction,” the post reads.

The post notes that 2KOLYORY was a brand of embroidery known in Ukraine, Europe, and America.

“We recovered. We kept working. We looked for opportunities. We fulfilled orders even when it seemed we had no strength left. But the time has come to be honest: we can no longer continue on this path in the format we’ve operated in all these years,” the founders wrote.

They assured that all orders currently in production will be fulfilled in full by the end of September.

“Perhaps this isn’t quite the end. Perhaps this is the end of 2KOLYORY as you knew it, and the beginning of something new,” the post reads.

The brand’s story began in 2015, when husband and wife Igor and Oksana Kovalenko founded their own production facility.

The brand has a store in Kyiv, and its online store offers a wide selection of linen and cotton embroidered clothing for women, men, and children, as well as home textiles.

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Paper and cardboard production in Ukraine fell by 3% over seven months

Paper and cardboard production by major enterprises in Ukraine’s pulp and paper industry in January–July 2026 fell by 2.9–3% compared to the same period in 2025, despite improved performance in July.

This is according to data from the UkrPapir association.

Paper production alone fell by 8.2% over the seven-month period, while cardboard production fell by 1.2%.

Production of corrugated cardboard boxes fell by 1.6%, while wallpaper production decreased by 6.3%.

At the same time, production of toilet paper rolls increased by 7% compared to January–July of last year.

Production of certain types of sanitary and hygiene products grew even faster. Production of 100% cellulose toilet paper rose by approximately 20.4% over the seven-month period, while production of paper towels in rolls increased by 9.5%.

Notebook production also showed positive growth. Over the seven-month period, it increased by 11%.

Meanwhile, the industry’s largest segment—cardboard and packaging materials—already shifted to significant growth in July. Cardboard output for the month increased by 11.2% year-over-year, including a 16% increase in containerboard.

The total monetary value of commercial output by companies in the industry for January–July increased by 19.3% compared to the same period in 2025.

Thus, while physical production volumes of paper and cardboard for the first seven months remain below last year’s levels, the industry’s revenue is growing significantly faster. At the same time, July statistics point to a recovery in the production of cardboard and certain categories of consumer paper products.

Among the largest enterprises providing statistics to the association are the Kyiv Cardboard and Paper Mill, the Trypillya Packaging Plant, the Kokhavyn Paper Mill, “VGP” (TM “Ruta”), “Poninkivska KPF-Ukraine,” and the Lviv-based “Cardboard and Paper Company.”

 

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Aluminum production in Gulf countries fell by 44% in July

Primary aluminum production in the Gulf countries totaled 293,000 metric tons in July, down 44% from the same month in 2025, according to preliminary estimates by the International Aluminum Institute (IAI).

Production volumes continue to remain near their lowest level in more than fifteen years due to the impact of the military conflict in the Middle East on plant operations in the region. Two plants in the Gulf countries, which account for about 9% of global primary aluminum production capacity, were attacked by Iran in late March.

However, production has risen slightly from the local low of 274,000 metric tons recorded in April. In May, production totaled 281,000 metric tons, and in June, 276,000 metric tons, according to revised IAI data.

Emirates Global Aluminium reported in August that the resumption of operations at its Al-Tawil plant (Abu Dhabi) following an emergency shutdown in March is proceeding faster than expected. However, a return to previous production levels may not occur until early 2027 at the earliest. The plant, which has an annual capacity of 1.5 million metric tons, is currently operating at approximately 18% of capacity.

Global primary aluminum production in July fell by 1.7% year-over-year to 6.16 million metric tons. In particular, production in China rose by 2.7% to 3.866 million metric tons. In North America, the figure remained unchanged (330,000 metric tons); in Europe, it rose by 7.5% (to 643,000 metric tons); and in Asia, excluding China, it increased by 2.7% (to 422,000 metric tons).

For a more detailed overview of global aluminum production from 1970 to 2024, watch the video on the Experts Club YouTube channel.

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Paper and Cardboard Production in Ukraine Rose 5.2% in July

In July 2026, Ukrainian pulp and paper companies increased paper and cardboard production by 5.2% compared to July of last year, reaching 55,300 metric tons, according to data from the UkrPapir association.
Compared to June of this year, production rose by 5.3%.

The main driver was cardboard production, which increased by 11.2% year-over-year to 43,560 metric tons. In particular, the output of packaging cardboard, including paper for corrugating, rose by 16% to 36,360 metric tons.
At the same time, paper production in July fell by 12.5% compared to July 2025, to 11,740 metric tons.

The bulk of this was base paper for sanitary and hygiene products—10,620 metric tons, which is 9.2% less than a year earlier. Production of writing and printing paper nearly halved, falling to 64 metric tons.
Production of corrugated cardboard boxes totaled 50.06 million square meters, which is 2.5% less than in July of last year.

Despite mixed trends in individual product categories, the industry continued to grow in monetary terms. The value of commercial output from enterprises that submitted data to the association reached 3.056 billion UAH in July, an increase of 28.8% year-over-year and 3.3% compared to June.
The “UkrPapir” statistics include, in particular, the Kyiv Cardboard and Paper Mill, the Trypillya Packaging Plant, the Kokhavyn Paper Mill, “VGP” (TM “Ruta”), “Poninkivska KPF-Ukraine,” and the Lviv-based “Cardboard and Paper Company.” The association does not publish figures for individual enterprises due to wartime risks.

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Notebook production in Ukraine rose by 35% in July, while toilet paper production rose by nearly 10%

According to Experts.news, Ukrainian companies significantly increased their production of notebooks, toilet paper, and wallpaper in July 2026, according to data from the UkrPapir Association of Pulp and Paper Industry Enterprises.

Notebook production reached 28.36 million units, which is 34.5% more than in July 2025. Compared to June of this year, output increased by a factor of 4.4.

Production of toilet paper rolls rose by 9.8% year-over-year, reaching 52.48 million rolls.

At the same time, production of 100% cellulose toilet paper reached 23.68 million rolls, an increase of nearly 23% compared to July of last year.

The wallpaper market also continued its recovery. In July, Ukrainian companies produced 1.63 million standard pieces of wallpaper, which is 12.8% more than a year earlier and 7.5% more than in June.

In this segment, the association has statistics from the largest manufacturer—the company “Slavyanski Wallpaper—KFTP.”

Production of paper towels in rolls also increased by 1.6% year-over-year—to 5.14 million rolls. At the same time, production of 100% cellulose table napkins fell by more than half—to 1.5 million packs.

Overall, the volume of commercial output by companies in the industry reached 3.06 billion UAH in July, which is 28.8% more than in July 2025.

Thus, in the pulp and paper industry, the most notable growth in July was seen not only in packaging board but also in certain consumer paper products.

Original source: the “UkrPapir” Association.

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In July, Ukraine reduced its steel production by 21% and fell to 26th place in world

In July 2026, Ukraine’s steel mills produced 457,000 metric tons of steel, which is 21.3% less than in July of last year and 33.9% less than in June, when 691,000 metric tons were produced.

At the end of the month, Ukraine ranked 26th among 70 countries whose data is tracked by the World Steel Association (Worldsteel).

Overall, global steel production in July declined much less—by 0.3% year-over-year, to 149.2 million metric tons. Thus, the rate of decline in production in Ukraine significantly exceeded the global average. Worldsteel’s official data was published on August 24, 2026.

From January through July, Ukrainian steelmakers produced 4.023 million metric tons of steel, which is 5.6% less than during the same period in 2025. Based on the results of the first seven months, Ukraine ranks 24th in the global rankings.

The decline in July was particularly sharp compared to the previous month. While Ukrainian enterprises produced about 691,000 metric tons of steel in June, output fell by nearly 234,000 metric tons in July.

This also led to a decline in the country’s position in the global ranking: after seven months, Ukraine ranks 24th, while in July alone it dropped to 26th place.

By comparison, most of the largest producers increased their output in July. India increased production by 1.9%, the U.S. by 4.4%, South Korea by 6.4%, Turkey by 7%, Germany by 3%, and Vietnam by as much as 34.7%. China, on the other hand, reduced production by 3.6%. According to official data from Worldsteel, Russia increased its July production by 3.3%, to an estimated 5.7 million metric tons.

In the first seven months of 2026, global steel production totaled 1.081 billion metric tons, down 0.6% year-over-year. Ukraine, with a 5.6% decline, is also showing significantly weaker performance than the global market as a whole.

In 2025, Ukraine produced approximately 7.4 million metric tons of steel. According to World Steel’s latest annual table, the country ranked 23rd globally, down from 22nd in 2024.

The World Steel Association brings together leading steel producers, national and regional industry associations, and research organizations. The association’s members account for about 85% of global steel production.

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