Business news from Ukraine

MPF WEIDMANN PAPER FACTORY INCREASES PRODUCTION BY 8%

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 8.6% in January-May 2019 compared with January-May 2018, to UAH 294.48 million.
According to the UkrPapir association, in kind the factory’s production remained unchanged – 2,790 tonnes, while transformer board output grew by 29.7%, to 2,190 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 2018, the factory increased production of commodity goods by 7.7%, to almost UAH 636.46 million.

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