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Vajda Papír completes €4.3m capacity expansion in Norway

Telco

Hungary's Vajda Papír has installed a €4.3 mln production line at its hygienic paper plant in Norway, doubling capacity at the base to over 35,000 tonnes a year, the company announced today.

The investment, together with another HUF 1.8 bln one at Vajda Papír's plant in Budapest, has raised the company's total annual capacity to 120,000 tonnes of finished product.

Vajda Papír targets revenue of more than HUF 30 bln this year, up from HUF 22 bln in 2013.

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