KIEV, Aug. 19 - Kyivsky cardboard paper mill (Obukhiv, Kiev region), a leader in Ukraine's pulp and paper industry in terms of production and sales, has assessed the general loss from the blocking of its goods at the Russian border at UAH 3.75 million a month due to paying penalty fees to Russian customers alone.
The assessment of the loss of Kyivsky cardboard paper mill is stipulated in an official address of the Ukrpapir association to Ukrainian Prime Minister Mykola Azarov on the situation occurring after August 14, 2013, when Russian customs agencies decided to almost fully block imports of Ukrainian goods to Russia.
According to the document, Kyivsky cardboard paper mill, which exports around 20% of its products to Russia, with the blocking its goods on the border it will have to pay a penalty fee of UAH 125,000 to Russian clients for each day of delay (which equals to UAH 3.75 million a month).
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