Business news from Ukraine

Business news from Ukraine

Ukrainian fire protection manufacturer Kovlar Group doubled its production output

30 October , 2024  

In the first 9 months of 2024, Kovlar Group’s production increased by 100% compared to the same period in 2023.
According to the company, the main consumers of fire protection in 2024 were system developers of commercial real estate and infrastructure.
“The key components of this growth are the adaptation of the production cycle to wartime conditions and the high competitiveness of Ammokote products,” said Konstantin Kalafat, CEO of Kovlar Group.
Today, the company continues to carry out research and development activities to develop new promising fire protection materials necessary for the reconstruction of Ukraine. This allows us to keep the development of the Ukrainian fire protection industry at the global level and significantly reduces the import dependence of the domestic fire protection market.
Today, Kovlar Group is the largest Ukrainian manufacturer of fire protection products, which occupies about 60% of the Ukrainian fire protection materials market and offers more than 20 products under the Ammokote brand.