Business news from Ukraine

Business news from Ukraine

VGP increased production of Ruta products by 8.7% in 2024

Ruta, a major Ukrainian manufacturer of sanitary and hygienic paper products, whose management company is VGP JSC (Lutsk), produced UAH 1 billion 751 million worth of products in 2024, up 8.7% from 2023.

According to statistics provided by Ukrpapir Association toInterfax-Ukraine, the company has thus slightly accelerated the positive dynamics of production volumes compared to last year, which it reached in the first nine months of 2023.

In physical terms, the company’s production of toilet paper in rolls, slightly exceeding the 2023 figure, amounted to 133.54 million units, which remains the third best result in the industry after Kyiv Cardboard and Paper Mill (272 million units) and Kokhava Paper Mill (137 million units).

The company produces pulp-based sanitary and hygienic products from imported base paper.

VGP’s portfolio includes dry and wet wipes, toilet paper, paper handkerchiefs, and kitchen towels. The assortment includes more than 180 items.

As reported, in 2023, VGP JSC produced products worth UAH 1 billion 611 million, up 64.8% year-on-year.

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Ruta TM increased production by 7.7%

In January-November 2024, Ruta, a major Ukrainian manufacturer of sanitary and hygienic paper products, whose management company is VGP JSC (Lutsk), produced products worth UAH 1 billion 588 million, up 7.7% compared to the same period in 2023.
According to statistics provided by UkrPapir Association to Interfax-Ukraine, the company has thus slightly accelerated the positive dynamics of production volumes over the first 11 months of the year compared to the same period last year, which it reached in the first nine months.
In physical terms, the company’s production of toilet paper in rolls slightly exceeded the previous year’s figure and amounted to 121.68 million units, which remains the third best result in the industry after Kyiv Cardboard and Paper Mill (248 million units) and Kokhava Paper Mill (125 million units).
The company produces pulp-based sanitary and hygienic products from imported base paper.
VGP’s portfolio includes dry and wet wipes, toilet paper, paper handkerchiefs, and kitchen towels. The assortment includes more than 180 items.
As reported, in 2023, VGP JSC produced products worth UAH 1 billion 611 million, which is 64.8% more than in 2022.

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Ruta TM increased production by 6.6% in January-October 2024

In January-October 2024, Ruta, a major Ukrainian manufacturer of sanitary and hygienic paper products, whose management company is VGP JSC (Lutsk), produced products worth UAH 1 billion 434.6 million, up 6.6% compared to the same period in 2023.
According to Ukrpapir’s statistics provided to Interfax-Ukraine, the company has thus maintained a positive production trend over the past 10 months compared to the same period last year, which it reached in the first nine months of the year.
In physical terms, the company’s production of toilet paper in rolls, which slightly decreased, amounted to 110.73 million units, which remains the third best result in the industry after Kyiv Cardboard and Paper Mill (224.5 million units) and Kokhava Paper Mill (113.4 million units).
The company produces pulp-based sanitary and hygiene products from imported base paper.
VGP’s portfolio includes dry and wet wipes, toilet paper, paper handkerchiefs, and kitchen towels. The assortment includes more than 180 items.
As reported, in 2023, VGP JSC produced products worth UAH 1 billion 611 million, which is 64.8% more than in 2022.

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Ruta TM returned to positive production dynamics

In January-May 2024, Ruta, a major Ukrainian manufacturer of sanitary and hygienic paper products, whose management company is VGP JSC (Lutsk), produced products worth UAH 680.6 million, which is 1.5% more than in the same period in 2023.

According to statistics provided by UkrPapir Association to Interfax-Ukraine, the company has thus returned to positive dynamics in this indicator over the past five months compared to the same period last year, while in January-April it showed a 12% decline.

In terms of volume, the company’s production of toilet paper in rolls remained at last year’s level – 54.7 million units, which remains the third best result in the industry after Kyiv Cardboard and Paper Mill (107.6 million units) and Kokhava Paper Mill (58.2 million units).

The company produces pulp-based sanitary and hygiene products from imported base paper.

VGP’s portfolio includes dry and wet wipes, toilet paper, paper handkerchiefs, and kitchen towels. The assortment includes more than 180 items.

As reported, in 2023, the company produced products worth UAH 1 billion 611 million, which is 64.8% more than in 2022.

According to the Clarity-project, in the first quarter of this year, VGP increased its net profit by 43% to UAH 45.5 million, while revenue increased by 9% to UAH 402 million.

Manufacturer of paper products TM “Ruta” increased production by 8%

Ruta, a major Ukrainian manufacturer of sanitary and hygienic paper products, whose management company is VGP JSC (Lutsk), produced products worth UAH 417.4 million in January-March, up 8.2% compared to the same period in 2023.

According to Ukrpapir Association’s statistics provided to Interfax-Ukraine, in physical terms, in particular, the production of toilet paper in rolls increased by 1.7% to 31.9 million units, which remains the third result in the industry after Kyiv Cardboard and Paper Mill (64.5 million units) and Kokhava Paper Mill (37.7 million units).

Thus, in the first quarter, the company slowed its production growth rate in monetary terms compared to the same period in 2023, which amounted to 13.8% in the first two months. The growth rate of production in physical terms also slowed.

The company produces cellulose-based sanitary products from imported base paper.

VGP’s brand portfolio includes napkins, toilet paper, paper handkerchiefs, and kitchen towels under the Ruta, Ruta Selecta, Fesko, Nosovic, Polotenchko, 100% paper, Servetta, and Ecolo brands. The assortment includes more than 180 items.

As reported, in 2023, the company produced products worth UAH 1 billion 611 million, which is 64.8% more than in 2022.

According to the Clarity-project resource, in 2023, the company received UAH 185.2 million in net profit, up from UAH 3.6 million a year earlier.

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Manufacturer of paper products TM “Ruta” increased production by 14%

Ruta, a major Ukrainian manufacturer of sanitary and hygienic paper products, whose management company is VGP JSC (Lutsk), produced products worth UAH 281.3 million in January-February, up 13.8% compared to the same period in 2023.

According to Ukrpapir Association’s statistics provided to Interfax-Ukraine, in physical terms, in particular, the production of toilet paper in rolls increased by 8.4% to 21.15 million units, which remains the third best result in the industry after Kyiv Cardboard and Paper Mill (42.5 million units) and Kokhava Paper Mill (24.3 million units).

The company produces cellulose-based sanitary products from imported base paper.

VGP’s brand portfolio includes napkins, toilet paper, paper handkerchiefs, and kitchen towels under the Ruta, Ruta Selecta, Fesko, Nosovic, Polotenchko, 100% paper, Servetta, and Ecolo brands. The assortment includes more than 180 items.

As reported, in 2023, the company produced products worth UAH 1 billion 611 million, which is 64.8% more than in 2022.

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