An investment worth EUR 8.19 million has been inaugurated at the Szirmabesenyő site of the 100% Hungarian-owned Ongropack Ltd., further strengthening the company’s market position in Hungary’s plastics industry.
Ongropack Ltd. was founded in 1994 and is the only PVC sheet manufacturer in Central and Eastern Europe. With its foamed sheet products, Ongropack is at the forefront of the European market and ranks among the top five manufacturers in Europe based on sales volume.
At the heart of the project is a new, modern, high-performance sheet production machine that increases manufacturing capacity by around 60%. The new technology significantly improves productivity and the operational efficiency of the plant.
Alongside the machinery investment, the company also constructed a new warehouse hall and implemented an energy efficiency upgrade at the site. The installation of a heat pump contributes to a significant reduction in gas consumption, meaning that beyond expanding production capacity, the investment also supports more sustainable operations.
40% of the costs of the expansion, which promises to secure 300 jobs, are covered by Hungarian taxpayers through state subsidy mentioned in a statement by the Ministry of Foreign Affairs and Trade.
The company has also taken significant steps in the field of sustainability, demonstrated by its 1.7 MW solar park and the recycling of 98% of the waste generated during production. At the same time, Ongropack places strong emphasis on developing the future workforce, maintaining dual education partnerships with vocational institutions and the University of Miskolc.
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