Kyiv Cardboard and Paper Mill has completed the acquisition of an industrial complex in Verkhnedneprovsk, Ukraine, where it will construct a new integrated corrugated packaging plant. The new facility is expected to become operational in 1Q 2022 and will create 250 jobs.
“As part of our development strategy for the next five years, we plan to develop the corrugated packaging market and increase our presence in regions, in particular, to become closer to our customers in eastern and south-eastern Ukraine,” said KCPM board chairman Igor Oleshchuk .
Kyiv Cardboard and Paper Mill is one of the largest European producers of cardboard and paper products.
