Hungarian tissue paper maker to invest €36M

Photo: Vajda Papir

Under the plan, the new facility is to be fitted with a total surface of 23,000 square metres, according to the information obtained by local weekly Budapest Business Journal. The project is expected to create some 100 new jobs, and the plant will be enabled to produce between 35,000 and 40,000 tonnes per year.

A grant from the Hungarian government is to cover about 41% of the construction project.