About Company

• The company Kronospan UA
• History of Kronospan UA
• Investment activities in Ukraine
• Kronospan Worldwide
• Company Values

The company Kronospan UA
The company Kronospan UA is one of the largest manufacturers of wood-based sheet materials – laminated and sanded particleboard, and worktops in Ukraine. Our products are deservedly in high demand in Ukraine and CIS countries. Company supplies the market with MDF, HDF sanded and HDF lacquered, high gloss furniture panel HDD, Oriented Strand Board (OSB), laminated flooring, wall panels, window sills, accessories and other products of Kronospan Group.

History of Kronospan UA
The company's activities started in 2004, when the Kronospan Group began construction of the plant in the former cotton mill in the Novovolynsk.
During this time, much of the production facilities has been modernized and built some new ones.
The high-tech modern equipment - four chipboard lamination lines, raw chipboard and worktops lines have already been installed at the factory.
Kronospan completed the purchase of 47Ha of land for development of the plant.
Increasing of production volumes and development of new products to satisfy the demand for wood-based materials of Ukraine and other countries markets are the main targets of the company.

Investment activities in Ukraine
Initially EUR100 million was invested in construction of a Particleboard manufacturing plant, with annual anticipated output in the first phase of 300,000 m3.  Additionally, depending on future market and economical conditions, Kronospan intends further investment in Novovolynsk to enhance the capacity of the particleboard and worktops manufacturing plant, and also to supplement it with an MDF production facility and a resin plant.
EUR 150 million has already been contributed by the investor into the project.  Additionally, EUR 88,5 million has been pledged as loan capital by the European Bank for Reconstruction and Development.
Major reconstruction work including refurbishment of building structures to the premises is now completed. Modernisation of buildings and investment in power and gas supplies, the latter benefiting the local energy networks in addition to providing for Kronospan’s planned consumption, is taking place.
Kronospan will employ some 400 people from the town directly in this first phase of investment. In addition, the expected positive impact on the development of infrastructure Novovolynsk in services.

Kronospan Worldwide
History Kronospan takes the count in 1897 with a small family sawmill not far from Salzburg in the mountains of Austria.
By the sixties of last century, thanks to constant innovation and development of new materials, Kronospan has become the industry leader in the markets of Austria and Germany. Then a member of the Company has included several enterprises in these countries. And with the construction of the plant in 1970 in England dates back Kronospan investment activities worldwide.
Currently, the group Kronospan is the most significant European entity in the production of sheet wood-based panels.
Today, Kronospan manufactures wood-based panels at 28 sites and is represented in 24 countries. We employ over 11,000 people and our total sales are in excess of €2.7 billion per annum. Central Europe represents 56% of this amount.

Company Values
Our company retains a leading position thanks to the principles on which it operates. Call the main ones.

People
Do something better every day
Our experts - the key to the success of the Company in the dynamic world. Vigorous Kronospan has been made possible through effective motivation of people who work here.
It is known that thousands of small steps forward lead to a goal. Therefore, we strive to maintain a personal initiative on the ground. As part of training in the workplace, we create a culture of production, which encourages people to each new day to do something better.
If people develop when they look at the issue as a means, it can translate his experience, thought and will into effective action. Encouraging individual initiative improves the entire company, through judicious use of the potential of each employee.

Decentralisation
Fast, flexible, better
In the organization of work at Kronospan used thesis: "Decentralization - if possible, centralization - if necessary". This allows our management structures to respond quickly to changing situations, providing superior quality products and service.
In addition, it stimulates the development of internal and external communications.
With the decentralization of our business weto become faster, flexible and better.

Simplicity
A way of life

• Limit formalities
• Minimise bureaucracy
• Find simple solutions

This fosters responsibility, satisfaction and entrepreneurship.

Entrepreneurship
Brains, heart, guts and loyalty

• Focus on results
• Close to people
• Knowledge of details
• Brains, heart and guts

Loyalty
We need people who act the same way at work as they do at home, spending company money and looking after company assets as if they were their own. Following rules alone is not enough. We have to evaluate, take and manage risks, and we can do that better by being closer.

More revenue
We strive to generate more revenue by providing our customers with outstanding service by being:

• Reliable
• Flexible
• Fast

Low cost
Supply quality products at affordable prices
We strive for the lowest cost possible for our final product. As world leader in technical development in our industry, we aim to get the highest possible yield from our input materials. We meet our defined quality standards for the ultimate benefit of our customers by supplying our products fast and at affordable prices. Our maxim “no fat” allows us to reduce costs even further. We consider all cost cutting options. 1,000 small steps bring big results.
To maintain this position of cost leadership, we take advantage of synergies and cost-effective technologies.
Good plant design helps us maximise efficiency and minimise costs, reduce emissions and achieve the lowest environmental impact possible.

Innovation
Research and development
Kronospan’s innovation begins with listening to our partners and the creative ideas of both teams & individuals which are successfully implemented into actions to develop new and improved business processes, products and services.
Innovation is vital for performance and growth - improving efficiency, quality, our competitive position and market share.

Safety
Setting the standards
At Kronospan, we set our standards high when it comes to working conditions, safety, health and environment.
Each production unit participates in Kronospan’s risk management procedures, which include safety, health and environment. They also maintain our high standards regarding personal protective equipment for workers, safety devices, sanitary facilities, drinking water and healthcare.

Intellectual property
Managing innovation
Any business that wishes to survive and thrive in today’s economy, must manage innovation better than its competitors.

Corporate governance
Meeting our standards
At Kronospan, we believe that good governance means being clear about roles and responsibilities, as well as following proper procedures.
Our holding companies promote shareholders’ interests by monitoring executive action, planning board and management succession, and considering strategy. They follow Kronospan’s corporate governance rules.

These rules give our management teams clear guidelines, however following rules is not enough.
For risk management, Kronospan’s audit function ensures that financial, technical, environmental and social standards are met.
Kronospan operates to and has been certified with DIN EN ISO 9001/2008 [Quality Management System].