DS Smith has announced a €34.4 million investment in its Hungary operations, supported by the Hungarian Investment Promotion Agency.
The move will enhance the company’s operations across three locations in Füzesabony, Nagykáta, and Győr, with the projects expected to complete by April 2026.
DS Smith explained the investment is part of the company’s growth strategy in east Europe. The expansion aims to boost manufacturing capacity by over 40%.
Reinier Schlatmann, MD, DS Smith Packaging East Europe, said, “With nearly 30 years of market presence, our €34.4 million 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. By creating local job opportunities, driving innovation, and supporting community sustainability initiatives, we are reinforcing our role as a leader in the circular economy. We are also proud to support long-term growth and environmental responsibility in the country.”
