{"id":4065,"date":"2024-11-29T04:17:17","date_gmt":"2024-11-29T09:17:17","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=4065"},"modified":"2024-11-29T04:17:17","modified_gmt":"2024-11-29T09:17:17","slug":"ds-smith-to-enhance-operations-in-hungary-with-e34m-investment","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=4065","title":{"rendered":"DS Smith to enhance operations in Hungary with \u20ac34m investment"},"content":{"rendered":"


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This move is part of DS Smith Packaging\u2019s growth strategy in Eastern Europe, focusing on sustainable packaging solutions. Credit: Chay_Tee \/ Shutterstock.<\/figcaption><\/figure>\n<\/p><\/div>\n

DS Smith<\/a> is set to increase manufacturing capacity at its facilities in Hungary through a \u20ac34m ($35.9m) investment, backed by the Hungarian Investment Promotion Agency.<\/p>\n

This investment aims to enhance operations across key locations in F\u00fczesabony, Nagyk\u00e1ta, and Gy\u0151r, with project completion anticipated by April 2026.<\/p>\n

This move is part of DS Smith Packaging\u2019s growth strategy in Eastern Europe, focusing on sustainable packaging solutions.<\/p>\n

DS Smith Packaging East Europe managing director Reinier Schlatmann said: \u201cWith nearly 30 years of market presence, our \u20ac34.4m 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.\u201d<\/p>\n

The strategic expansion is designed to increase manufacturing capacity by more than 40%, incorporate advanced capabilities, and establish new standards of quality.<\/p>\n

In F\u00fczesabony, 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.<\/p>\n

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