Drenik Reinvestment in Szolnok

Serbia-based hygiene paper manufacturer Drenik Group has announced a new investment project in Szolnok, involving the expansion of its existing plant and the construction of a biomass power plant supported by the Factory Rescue Program. With this decision, the company, operating in Hungary for a decade, will increase its total investment value to EUR 110 million and is expected to create 55 new jobs.

According to a report by the Hungarian Investment Promotion Agency, the Serbian Drenik Group has become a key player in the production of hygiene base paper and finished products in Southeast and Central Europe. Its Hungarian production unit, located in Szolnok, E Hungary, was established in 2015, and over the past decade, it has grown into one of Hungary’s largest tissue paper manufacturers and one of the region’s most significant industrial investors.

Drenik Hungary specializes in the production of paper and a wide range of household paper products, including tissues, paper towels, toilet paper, and napkins. The company’s next reinvestment project includes a major capacity expansion and the establishment of a biomass power plant in Jász-Nagykun-Szolnok County under the Factory Rescue Program.

With a total investment value of EUR 60 million, nearly a quarter of which is covered by Hungarian taxpayers in the form of state subsidies, Drenik will implement a modern and sustainable base paper manufacturing development, installing new paper machines and constructing an 8,000-square-meter production hall. The integration of innovative boiler and water filtration technologies will substantially lower the environmental footprint and operational costs of the plant.

In connection with the capacity expansion, a biomass power plant will also be built. Implemented under the Factory Rescue Program, the project will ensure Drenik’s complete energy self-sufficiency from renewable sources, making the company independent from natural gas and the electricity grid. With an investment of nearly EUR 50 million, the new facility will provide at least 32 MW of thermal capacity, playing a key role in Drenik’s environmentally conscious approach and economic sustainability. Altogether, the two projects are expected to create 55 new jobs.