# Prinzhorn Group to build €52M packaging plant in Dunavarsány, Hungary

Austria's Prinzhorn Group plans to invest about €52 million in a new packaging factory in Dunavarsány, near Budapest, largely supplied with recycled cardboard from its subsidiary Hamburger Containerboard. The plant is planned to open in summer 2021 with about 200 workers and capacity of around 240 million sq m per year.

- Type: New facility
- Announced: 2020-02-03
- Where: Dunavarsány, Hungary
- Value: $56.0M (52.0M EUR)
- Jobs: 200
- Status: announced
- Capacity: some 240 million sq. m. of packaging per year
- Products: packaging, recycled cardboard

## Companies

- [Prinzhorn Group](https://endata.com/companies/1194.md)
- [Hamburger Containerboard](https://endata.com/companies/2069.md) (partner)

## Sources

- [pulpapernews.com](https://www.pulpapernews.com/20200203/11146/austrian-cardboard-producer-invest-eu52m-hungarian-plant), 2020-02-03: "Austria's Prinzhorn Group is planning to invest some €52 million to construct a new packaging factory in Hungary."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.