Industry News, Printers News

Smurfit Kappa Invests €20 million in Central and Eastern Europe

Investment made in plants in the Czech Republic and Slovakia.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World

Smurfit Kappa has completed significant investments in its manufacturing plants in Olomouc in the Czech Republic and Obaly Štúrovo in Slovakia respectively. The investments of more than €20 million announced last year further highlight Smurfit Kappa’s expansion and commitment to investing in its Central and Eastern European operations. 

The two plants received significant upgrades, installing state-of-the-art equipment to expand capacity and address the rise in customer demand for paper-based packaging solutions. The investment sees the installation of new converting equipment, which will increase the capacity by over 100 million regular and offset printed boxes per annum.

The investments strengthen Smurfit Kappa’s position in the Czech Republic and Slovakia and will enable the business to further target specific industries, most notably the FMCG and electro-technical sectors.

“I am delighted to announce that both of our investments at the Olomouc (Czech Republic) and Obaly Štúrovo (Slovakia) plants have finished on time and within our original budget in a time when there is a scarcity of all kinds of materials,” said Zdenek Suchitra, CEO of Smurfit Central & South-East Europe. “These investments, along with the investments we made in two additional sites in the Czech Republic, demonstrate our commitment to our customers and operations in Central and Eastern Europe.”

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