Vajda Papír: capacity expansion and export development at the Hungarian regional multinational
The Vajda Papír Kft. Hungary's leading tissue manufacturer and exporter increased its domestic production capacity over 80 thousand tons by introducing two powerful new production lines today.
At the handover ceremony, where state and local government leaders also took part it has been said that the Hungarian family business that has more than 20 export markets is a major industry particpant in the Central and Eastern Europe region and in Scandinavia. It has a representation in four countries and has a paper factory in Norway that employs 85 people.
Thanks to the development carried out with a 1.8 billion HUF investment, the group’s revenue for this year is expected to exceed 30 billion HUF.
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