Vajda Papír carrying out HUF 1.2 bln capacity expansion
Hungarian paper product manufacturer Vajda Papír is spending a combined HUF 1.2 bln on two tissue production lines at its plant in Soroksár, near Budapest, the company told Hungarian news agency MTI.
The company expects the investment to boost output by 30% and create 24 jobs. Vajda Papír began operating the production line for pocket packets of tissues already in January, and it will put the other line for manufacturing 100-tissue packets into operation in June.
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.