Zelenyi Park LLC (Iziaslav, Khmelnytskyi region), which produces corrugated paper (fluting) and containerboard, increased its production by 22.2% in January-July this year compared to the same period in 2023, to almost UAH 297 million.
According to UkrPapir Association’s statistics provided to Interfax-Ukraine, the company’s output increased by 10.5% in physical terms to 16.8 thousand tons. At the same time, in July, the company reduced production of fluting and testliner by 35% to 2.25 thousand tons by July 2023.
Zelenyi Park LLC was registered in 2011 and manufactures products from waste paper (the volume of acceptance of pressed sorted waste paper starts from 18 tons).
The factory is equipped with Finnish Valmet equipment, which allows it to produce fluting and testliner with a density of 70 to 200 g/sq. m and a roll width of up to 2.8 m.
According to the Clarity Project, 100% of the company is owned by Cyprus-registered Carton Mill Limited, and the ultimate beneficiaries are Kyiv resident Volodymyr Shandra and ATB co-owner Gennadiy Butkevych.
The company ended 2023 with a loss of UAH 78.2 million (56% more than a year earlier) on a 6.8% drop in revenue to UAH 498.6 million, and in the first half of this year increased revenue by 58.4% to UAH 258 million in January-June 2023, but suffered a loss of more than UAH 47 million.
