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Paper industry output seen rising in 2010

Output of Hungary's paper industry is seen growing rapidly to 610,000 tons in 2010 largely because of a HUF 60 billion packaging materials plant completed by Austria's Prinzhorn group in Dunaújváros in the summer, business daily Világgazdaság reported on Friday.

The plant in Dunaújváros is expected to turn out 350,000 tons of paper in 2010, reaching full capacity of a annual 400,000 tons in two years.

Output of Hungary's paper industry fell to 423,000 tons in 2008 from 552,000 tons in 2007. Output is expected to reach 525,000 tons in 2009.

Hungary's paper industry is expected to be worth HUF 60 billion-70 billion in 2010. (MTI-ECONEWS)