DS Smith invests €34m in Hungary sites

DS Smith has announced a €34.4m investment in Hungary, supported by the Hungarian Investment Promotion Agency.

This investment is geared to enhancing the company’s operations across its three key locations in Füzesabony, Nagykáta, and Győr, with the projects’ completion anticipated by April 2026.

Reinier Schlatmann, managing director, DS Smith Packaging East Europe, said: “With nearly thirty years of market presence, our €34.4m 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.

In addition, this investment also includes the establishment of three eco-classrooms in Hungary, boosting environmental education.