Dunapack starting production at HUF 20 bln plant in 2022
Image by Shutterstock.com
Dunapack Packaging will start production at a HUF 20 billion cardboard plant it is building in Dunavarsány (30 km south of Budapest) at the end of 2022, the unit of Austria's Prinzhorn Group said according to hrportal.hu.
The factory will turn out 3- and 5-ply cardboard using close to 90% recycled paper. More than 100 people will work at the plant initially, but developments in the pipeline will raise headcount later.
Dunapack gets its feedstock from Hamburger Hungaria's plant in Dunaújváros (70 km south of Budapest), which in turn uses waste paper collected by Hamburger Recycling; both are members of the Prinzhorn group.
Dunapack has 24 plants in 11 countries. In Hungary, it employs more than 600 people at three factories.
ÁKK Sells HUF 50 bln of Bonds at Auction, Over Plan
Hungary to Address Future of Cohesion Policy During EU Presi...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
