Prinzhorn unit Dunapack Packaging building plant near Budapest
Austriaʼs Prinzhorn Group has announced the start of preparations to build another packaging materials plant in Hungary, in Dunavarsány, on the outskirts of Budapest, state news wire MTI reports.
The plant, a unit of Prinzhornʼs Hungarian subsidiary Dunapack Packaging, will have the capacity to turn out 240 million sqm of corrugated packaging a year. It is scheduled to start operating in the summer of 2021.
Prinzhorn Groupʼs total investments in Hungary so far amount to HUF 180 billion. It employs about 1,250 people in Hungary.
In addition to Dunapack Packaging, Prinzhorn Group subsidiaries Hamburger Containerboard and Hamburger Recycling also have facilities in Hungary.
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.