Magazine: Vajda Paper’s capacity expansion

On 11 June Vajda Paper Kft. inaugurated two high-capacity production lines. The development – which cost HUF 1.8 billon – increases the company’s production capacity by 10 percent to more than 80,000 tons. This step also means that 15 new jobs were created in the factory located on Ócsai Road, Vajda Paper employs 410 people now. Since 2010 the factory exclusively uses green energy for production. Vajda Paper Kft. CEO Attila Vajda told our magazine that the capacity expansion reinforced their position as the leader in Hungary’s hygiene paper product market and at the same time facilitated an increase in export, which constitutes half of the company’s sales revenue. The next strategic step for Vajda Paper is purchasing paper raw material locally, from its own resources. 100-percent Hungarian-owned Vajda Paper Kft. has more than 500 employees in Hungary, Romania, Finland, Poland and Norway and realises nearly three quarters of Hungary’s total hygiene paper export. In 2013 the company established Vajda Paper Scandinavia and in 2014 a new production line will be built in the factory nearby Oslo. Vajda Paper’s sales are expected to surpass HUF 30 billion this year. So far the company has already invested HUF 10 billion in development. Thanks to dynamic expansion, trade offices abroad and trade development support from HITA, the share of export within total sales is likely to increase in the years to come