OREANDA-NEWS. March 14, 2014. In 2013 the joint-stock company PAPCEL, Litovel reached record high revenues exceeding the amount of CZK 870 million (USD44 million).

 The share of revenues from Eastern Europe accounted for more than 70%, as the company said in the press release received by Lesprom Network.

The main customer market in 2013 was the Russian Federation, followed by Belarus. The reconstruction of the paper machine in Penza, Russia and further on, the supplies to the markets of Turkey and Egypt were the largest projects of the year.

The joint-stock company PAPCEL Litovel has been for more than 60 years producing machines and technological equipment for the paper industry.