DS Smith announces a significant €34 million investment in Hungary, supported by the Hungarian investment Promotion Agency. This investment will enhance operations across key locations in Füzesabony, Nagykáta, and Győr, with the projects’ completion anticipated by April 2026.
This is part of DS Smith Packaging’s ambitious growth strategy in East Europe.
According to Reinier Schlatmann, Managing Director, DS Smith Packaging East Europe. “"With nearly thirty years of market presence, our €34.4 million 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”.
This strategic expansion aims to boost manufacturing capacity by over 40%, introducing advanced capabilities, and setting new quality benchmarks to meet the highest customer standards.
Overview of the strategic investment across DS Smith’s Hungarian sites:
Füzesabony – A new hub for innovative packaging solutions
This brownfield investment is aimed at establishing a highly efficient, state-of-the-art facility in Füzesabony with a strong focus on automation. The investment will be completed by the end of 2024.
Győr – Driving innovation in plastic replacement.
The investment includes plans to install the new converting equipment at the Győr site to expand capacity, enhance efficiency, and improve product quality. The next phase of investment is set to start in 2025.
Nagykáta – Raising quality and energy efficiency standards.
At the Nagykáta site, the investment will prioritize the modernization of the corrugator to improve board quality while meeting the high expectations of DS Smith’s customers. This investment will commence in 2025.
Operating across eight locations with over one thousand employees, DS Smith Hungary is delivering innovative and fibre-based packaging solutions to hundreds of customers and collaborators in the region.