Large Ukrainian producer of sanitary-hygienic paper products TM “Ruta”, the managing company of which is JSC “VGP” (Lutsk), in January-July 2023 produced goods for UAH 950.34 mln, which is 96.7% more than in the same period of 2022.
According to the statistical data of the association “UkrPapir”, provided to the agency “Interfax-Ukraine”, thus, the company still slightly accelerated the rate of growth of production volumes in monetary terms to the same period last year: for six months this indicator was 95.7%, for five months – 88.5%.
In physical terms, in particular, the production of toilet paper in rolls grew by 42% to 77.55 mln pieces, which is still the third result in the industry after Kyiv Cardboard and Paper Mill (142.71 mln pieces) and Kokhava Paper Mill (78.94 mln pieces), the gap with which is minimal.
VGP’s brand portfolio includes napkins, toilet paper, paper handkerchiefs, kitchen towels under Ruta, Ruta Selecta, Fesko, Nosovichok, Toweliecho, 100% paper, Servetta, Ecolo. The assortment has more than 189 items.
As reported with reference to the data of “UkrPapir”, in 2022 JSC “VGP” produced products for 977.61 million UAH – 2.8% more than a year earlier. At the same time, according to the company’s report, in physical terms (in tons) the production volume decreased by 27% due to the loss of part of the sales markets in Ukraine with the beginning of the military aggression of the Russian Federation in Ukraine.
Net profit decreased to UAH 3.62 mln compared to UAH 96.43 mln a year earlier, while net income grew 14% to UAH 1 bln 075 mln.
More than a quarter of sales volume was exported in 2022. The products are represented on the markets of Belgium, Great Britain, Germany, Georgia, Denmark, Poland, Moldova, Kazakhstan, and the Baltic States.
The base paper for the production of products was purchased mainly from manufacturers in Turkey and Romania.
The owner of 100% of shares of VGP JSC is Tissico Limited (Cyprus), the beneficiaries, according to the state register, are Ilya Miretsky, the company’s general director, and Kamil Gotza, a Czech citizen.
