DS Smith strengthens its presence in Hungary with a strategic investment

DS Smith, the leading supplier of sustainable, paper-based solutions, is expanding its presence in Hungary with an investment of EUR 34.4 million, supported by the National Investment Agency. The project to develop the sites in Füzesabony, Nagykáta and Győr is part of the company’s ambitious growth strategy in Eastern Europe, with which it aims to maintain its leading role in sustainable packaging solutions, creating value for its business partners and customers.

With the expansion, DS Smith will increase its production capacity by more than 40%, while introducing new technologies and quality standards that will enable it to meet the highest customer expectations. The investment will contribute to the development of the local economy, create new jobs and support the company’s sustainability efforts by producing innovative, circular economy-supporting packaging solutions and plastic-substituting alternatives.

“After almost thirty years in the Eastern European market, our Hungarian plants and their technological development represent a major step in strengthening our activities, increasing our production capacity and further emphasizing our commitment to sustainable packaging solutions. I believe that by boosting the local labour market, promoting innovation and supporting community sustainability initiatives, we can play an even greater role in the circular economy. We are proud to be able to contribute to long-term growth and widespread environmental protection in the country,”

said Reinier Schlatmann, Managing Director of DS Smith Packaging Eastern Europe.