UK-owned DS Smith Packaging Hungary to invest EUR 31m in expansions
UK-owned DS Smith Packaging Hungary will invest HUF 12.7bn (EUR 31m) at three bases in Hungary, boosting production capacity by over 40 pc, Minister of Foreign Affairs and Trade Péter Szijjártó announced on Monday.
Szijjártó said in a statement issued by his ministry that the investments will be undertaken at bases in Füzesabony, Nagykáta, and Győr.
UK-owned companies employ around 50,000 people in Hungary, he noted.
DS Smith said the EUR 34.4m investment would be completed in April 2026 in a press release.
DS Smith operates eight bases in Hungary: one offset and two corrugated cardboard plants, four service centers, and a central office. The local unit has over 1,000 employees.
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