Type
Business expansion
Country
Hungary
Region
Dunantul; Del-Dunantul; Tolna
Location of affected unit(s)
Dunaföldvár
Sector
Manufacturing
Manufacture Of Wood And Paper Materials
Manufacture Of Paper And Paper Products
17.22 - Manufacture of household and sanitary goods and of toilet requisites

50 jobs
Number of planned job creations
Job creation
Announcement Date
26 October 2021
Employment effect (start)
1 November 2021
Foreseen end date
1 April 2022

Description

The Hungarian company Vajda-papír is creating 50 new jobs at its plant in Dunaföldvár, central Hungary, where the company runs the production of hygienic paper products. The creation of the new jobs is through the HUF 16 billion (€44.608m) factory expansion, which starts in November 2021 and is planned to end in April 2022. Vajda-papír sells its products to Scandinavia, to the Baltic countries and to more than 30 countries in Eastern Central Europe. The Dunaföldvár-based plant is said to be one of the most modern hygienic paper producing plants in the world.


Sources

Citation

Eurofound (2021), Vajda-papír, Business expansion in Hungary, factsheet number 105545, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/105545.