Hamburger Containerboard, a Division of the Austrian Prinzhorn Group, has invested more than 150 million Euro into the construction of a new industrial power plant at its production site Hamburger Hungária in Dunaújváros. This investment helps the company to further expand its leading role in the paper and containerboard production in Central and Eastern Europe; at the same time the new plant allows to significantly increase energy efficiency of the production site and consequently reduce dependence on gas imports.
Recently Hamburger Hungária, the Hungarian branch of Hamburger Containerboard, inaugurated the new power plant on the site of its paper production in Dunaújváros, app. 70 km south of Budapest, in the presence of high-ranking Hungarian government representatives. The construction of the power plant marks an investment of more than 150 million Euro. Amongst others, the power plant uses the rejects from paper production to produce heat and energy.
Thomas Prinzhorn, owner of Prinzhorn Holding, CEO Cord Prinzhorn and Harald Ganster, Managing Director of Hamburger Containerboard, welcomed Deputy Minister of Foreign Affairs and Trade László Szabó, Secretary of State for Energy András Aradszki and Member of Parliament at the opening. Harald Ganster sees the investment as an important step for the further expansion of the group in Hungary: “With around 700.000 tons of annual production capacity, Hamburger Hungária is the largest and most important production site of Hamburger Containerboard. The construction of the highly efficient industrial power plant allows our site in Dunaújváros to grow into one of the most efficient sites in all of Europe. With the thermal utilization of waste from packaging and rejects from paper production, our plant contributes significantly to the implementation of EU climate targets in Hungary.”
Prinzhorn Group represents close to 90% of Hungary's paper manufacturing.
