The Vajda Papír Kft. has developed its paper factory in Norway from more than a billion HUF

The Vajda Papír Kft. has installed a more than 1.3 billion HUF (4.3 million euros) worth high-performance production lines in Drammen, Norway.

With the investment, the tissue manufacturer and exporter has doubled the annual capacity of the plant – the Budapest-based company announced.

Thanks to the Hungarian and Norwegian investments in 2014 the ready-made paper production capacity of the Vajda Papír Kft. increased by 15 percent, to 120 thousand tonnes per year.