05.26.21
Eastern Europe is a nice growth market for packaging, and Smurfit Kappa is investing. In that potential. The company is paying $20 million to expand its converting capacity at four manufacturing plants across the Czech Republic and Slovakia.
According to the company, the investment consists of four major projects. Three upgrades will occur in the Czech Republic, at Smurfit Kappa facilities in Žebrák, Žimrovice, and Olomouc, and one in Slovakia at Smurfit Kappa Štúrovo. The four projects are expected to be completed by the end of this year. The investment will see the installation of new converting equipment, which will increase capacity by over 100 million regular and offset printed boxes per year.
“This significant investment by Smurfit Kappa marks a commitment in further developing our presence in Eastern Europe,” said Edwin Goffard, COO of Smurfit Kappa Europe Corrugated. “From both a product and geographical perspective, Smurfit Kappa Czech Republic and Slovakia are excellently positioned to serve an evolving and ever-growing market, and this investment will support further growth of the business.”
According to the company, the investment consists of four major projects. Three upgrades will occur in the Czech Republic, at Smurfit Kappa facilities in Žebrák, Žimrovice, and Olomouc, and one in Slovakia at Smurfit Kappa Štúrovo. The four projects are expected to be completed by the end of this year. The investment will see the installation of new converting equipment, which will increase capacity by over 100 million regular and offset printed boxes per year.
“This significant investment by Smurfit Kappa marks a commitment in further developing our presence in Eastern Europe,” said Edwin Goffard, COO of Smurfit Kappa Europe Corrugated. “From both a product and geographical perspective, Smurfit Kappa Czech Republic and Slovakia are excellently positioned to serve an evolving and ever-growing market, and this investment will support further growth of the business.”