Business news from Ukraine

Business news from Ukraine

WEIDMANN MALYN PAPER FACTORY INCREASES PRODUCTION BY 6% IN JAN

16 February , 2018  

Private joint-stock company Weidmann Malyn paper factory (MPF, Zhytomyr region), the only producer of electrical insulating board for power engineering machines in Ukraine, increased production by 5.9% in January 2018 year-over-year, to almost UAH 52.23 million. According to statistics of the UkrPapir association, paper output in natural terms rose by 13%, to 460 tonnes, while cardboard production decreased by 23.6%, to 390 tonnes.
MPF Weidmann is a member of the WICOR 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 2017, the factory increased production of commodity goods by 15.9%, to almost UAH 591 million.