Packaging and paper company Smurfit Kappa has announced an investment of €20m to expand capacity at four manufacturing plants across the Czech Republic and Slovakia.
The investment consists of four major projects. Three of them are in the Czech Republic, at Smurfit Kappa's facilities in Žebrák, Žimrovice, and Olomouc, and the fourth one is in Slovakia at Smurfit Kappa Štúrovo.
All 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 a year.
The new equipment will enable the plants to meet their respective increasing customer demand for sustainable, paper-based packaging, and to deliver high quality packaging solutions on a consistent basis.
The investment also adds the opportunity to bring the employees an even safer and more ergonomic workplace, Smurfit Kappa said.
Edwin Goffard, COO of Smurfit Kappa Europe Corrugated, said today's investment marks a commitment in further developing the company's presence in Eastern Europe.
"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," Mr Goffard added.
