This investment aims to enhance operations across key locations in Füzesabony DS Smith is set to increase manufacturing capacity at its facilities in Hungary through a €34m ($35.9m) investment backed by the Hungarian Investment Promotion Agency with project completion anticipated by April 2026 This move is part of DS Smith Packaging’s growth strategy in Eastern Europe focusing on sustainable packaging solutions DS Smith Packaging East Europe managing director Reinier Schlatmann said: “With nearly 30 years of market presence our €34.4m investment in Hungary marks a pivotal step in strengthening our footprint in Eastern Europe enhancing our manufacturing capacity and advancing our commitment to sustainable packaging solutions.” The strategic expansion is designed to increase manufacturing capacity by more than 40% the brownfield investment will establish a state-of-the-art facility with a focus on automation It is expected to be completed by the end of this year Don’t let policy changes catch you off guard Stay proactive with real-time data and expert analysis New converting equipment will be installed in Győr to expand capacity and improve efficiency and product quality The Nagykáta site will prioritise modernising the corrugator to improve board quality The investment also involves the creation of three eco-classrooms in Hungary underscoring DS Smith’s dedication to environmental education The most recent classroom in Füzesabony is a flexible space designed by architecture students to promote hands-on learning and ecological awareness among children Operating across eight locations with more than 1,000 employees DS Smith Hungary delivers innovative and fibre-based packaging solutions to hundreds of customers and collaborators in the region The company’s Now and Next Sustainability strategy aims to lead an industry-wide transition to a circular economy while delivering circular solutions for customers Additionally, DS Smith recently invested more than €25m in its facilities in Poland focusing on production lines and machinery parks in Kielce is allocated to expanding the Kielce packaging facility Give your business an edge with our leading industry insights View all newsletters from across the GlobalData Media network Welcome to packagingeurope.com. 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Read our policy Aiming to boost its manufacturing capacities by 40%, DS Smith has invested €34.4 million into its Hungarian operations A brownfield investment in Füzesabony is set to result in a state-of-the-art ‘highly efficient’ facility focused largely on automation Here the company plans to produce innovative packaging solutions that will contribute to a circular economy it aims to prioritize energy-saving processes and operational efficiency to achieve a lower environmental impact The investment is scheduled to be completed by the end of 2024 DS Smith intends to commence the next phase of investment to install new converting equipment at its site in Győr This location is described as a ‘key contributor’ to the company’s strategic focus on replacing plastics and developing packaging innovations and an overall improvement in product quality It also seeks to modernize the corrugator at its Nagykáta site – apparently boosting the plant’s energy efficiency and aligning with the company’s sustainability goals it aims to meet its customers’ ‘high expectations’ Investment is expected to commence in 2025 the funding will help establish three ‘eco-classrooms’ in Hungary and pursue DS Smith’s commitment to improving environmental education each garnered over one hundred volunteers each and sought to teach young people about sustainability was created by architecture students and serves as a ‘flexible space’ for children to enrich their knowledge through hands-on learning the investment falls under DS Smith’s growth strategy in Eastern Europe It is set to contribute to economic growth and create new jobs in Hungary DS Smith hopes to introduce advanced capabilities; set new standards for product quality; drive the development of sustainable packaging solutions across the regions; create value for its customers and partners; and meet their standards in its production processes commented: “With nearly thirty years of market presence our €34.4 million investment in Hungary marks a pivotal step in strengthening our footprint in Eastern Europe enhancing our manufacturing capacity and advancing our commitment to sustainable packaging solutions and supporting community sustainability initiatives we are reinforcing our role as a leader in the circular economy We are also proud to support long-term growth and environmental responsibility in the country.” In similar news, DS Smith’s €25 million investment in its sites in Kielce and Sosnowiec is intended to increase the company’s presence in the Polish marketplace The money will fund the installation of a new die-cutter a new production line for the DS Smith Easy Bowl and a 25 million square meter increase in its annual packaging production capacity Meanwhile, Mondi announced in October that it has completed a €95 million investment to increase kraftliner capacity at its Świecie containerboard mill by 55,000 tonnes The development is expected to help its customers apply ‘heavy-duty’ kraft sourced from more resource-efficient production processes Shareholders from both companies have also approved International Paper’s acquisition of DS Smith with their all-share combination set to result in a differentiated corrugated packaging company with 90% of revenue from fibre-based packaging. The combination is still expected to close in Q4 2024 The ultimate guide to the Packaging and Packaging Waste Regulation in 2024 How are the top brands progressing on packaging sustainability? Sustainable Innovation Report 2024: Current trends and future priorities Everything you need to know about global plastic sustainability regulation Site powered by Webvision Cloud A 3115-ös úton Nagykáta és Tápióbicske között a csúszós aszfalton megpördült egy személyautó A nagykátai hivatásos tűzoltók több embert feszítővágó segítségével szabadítottak ki A műszaki mentési munkálatok idejére az érintett útszakaszt teljes szélességében lezárták