Green Park LLC (Iziaslav, Khmelnytsky region), which produces corrugating paper (fluting) and containerboard, increased its production volume by 24.8% in January-August 2024 year-over-year, to UAH 357.3 million.

According to statistics from the UkrPapir association, provided to Interfax-Ukraine, thus, by the end of eight months, the company slightly accelerated the growth rate of this indicator – by the end of seven months, it was 22.2%.

Production output in physical terms for January-August increased by 10.8%, to 20,250 tonnes. At the same time, in August, the company increased the production of fluting and testliner by 12.6% compared to August 2023 and by 52% compared to July 2024, up to 3,430 tonnes.

Green Park LLC was registered in 2011, it manufactures products from waste paper raw materials.

The factory is equipped with Finnish Valmet equipment, which allows the production of fluting and testliner with a density of 70 to 200 g per square meter with a roll width of up to 2.8 meters.

According to the Clarity Project, 100% of the company is owned by Carton Mill Limited, a Cyprus-registered entity. The ultimate beneficiaries are Kyiv resident Volodymyr Shandra and Henadiy Butkevych, co-owner of the ATB corporation.

The company ended 2023 with a loss of UAH 78.2 million (a 56% increase compared to the previous year) and a revenue drop of 6.8% to UAH 498.6 million. In the first half of 2024, the company increased its revenue by 58.4% compared to January-June 2023, reaching UAH 258 million, but still recorded a loss of over UAH 47 million.