Business news from Ukraine

Business news from Ukraine

WEIDMANN MALYN PAPER FACTORY CUTS PRODUCTION BY 12%

17 February , 2020  

Weidmann Malyn paper factory (MPF, Zhytomyr region), the only producer of electrical insulating board for power engineering machines in Ukraine, reduced production by 20.9% in January 2020 compared with January 2019, to UAH 46.07 million.
According to the UkrPapir association, in natural terms the factory’s production fell by almost 9%, to 494 tonnes, while transformer board output grew by 6.4%, to 451 tonnes.
MPF Weidmann is a member of the Weidmann international group, the only company in Eastern Europe that can supply almost all kinds of electrical insulating paper and cardboard meeting regional and international standards.
In 2019, the factory decreased production of commodity goods by 6.5%, to UAH 595.05 million.

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