Smurfit Kappa Acquires Bag-in-Box Plant in Bulgaria
Smurfit Kappa Acquires Bag-in-Box Plant in Bulgaria
Smurfit Kappa, a global leader in sustainable packaging solutions, has announced the acquisition of Artemis Ltd., a Bag-in-Box packaging plant located in Shumen, Bulgaria.
Smurfit Kappa, a global leader in sustainable packaging solutions, has announced the acquisition of Artemis Ltd., a Bag-in-Box packaging plant located in Shumen, Bulgaria.
Expanding Presence in Eastern Europe
Artemis specializes in food and beverage packaging, producing bags for Bag-in-Box products, as well as films and caps for wine. This acquisition will integrate Artemis into Smurfit Kappa’s extensive network of Bag-in-Box operations across Europe. The move aims to strengthen Smurfit Kappa's presence and customer base in Eastern Europe, while enhancing its product portfolio and innovation capabilities within the Bag-in-Box sector.
Strategic Growth and Innovation
Massimiliano Bianchi, CEO of Smurfit Kappa Bag-in-Box, stated, "We strategically acquired Artemis to accelerate our growth in the European market and extend our reach in the eastern region. By continuing to develop and invest in this plant, we can provide our customers with superior product quality, exceptional service, and the extensive global expertise of Smurfit Kappa."
Leading the Bag-in-Box Market
Smurfit Kappa Bag-in-Box is the European leader in Bag-in-Box® solutions, with its Vitop® tap being the top choice worldwide for wine taps. The company offers a comprehensive range of flexible packaging solutions for liquid and semi-liquid products, including wine, dairy, juice, water, oils, and other non-food items. With over 40 years of industry experience, Smurfit Kappa Bag-in-Box operates on a global scale, delivering innovative packaging solutions.
Smurfit Kappa Enhances Pruszków Corrugated Plant with €40 Million Investment
Smurfit Kappa Enhances Pruszków Corrugated Plant with €40 Million Investment
Smurfit Kappa, a leading provider of packaging solutions, has successfully completed a major investment project in Poland, resulting in a substantial expansion of its Pruszków corrugated plant.
Smurfit Kappa, a leading provider of packaging solutions, has successfully completed a major investment project in Poland, resulting in a substantial expansion of its Pruszków corrugated plant. With this expansion, the plant becomes Smurfit Kappa's largest facility in Poland and is touted as one of Europe's most advanced and technologically sophisticated packaging plants.
The €40 million investment encompasses the installation of cutting-edge corrugator machinery and a comprehensive range of converting equipment. Additionally, the plant has been equipped with a state-of-the-art finished goods warehouse capable of accommodating over 12,000 pallets. This significant investment is expected to double the plant's production output, paving the way for increased operational efficiency.
Moreover, the expansion project is set to create approximately 50 new job opportunities, bringing the total employment at the Pruszków location to more than 250 staff members. This not only strengthens the local workforce but also contributes to the economic growth of the region.
During the official opening event, Jacek Nieweglowski, CEO of Smurfit Kappa North-East Europe, expressed his satisfaction, stating, "We are delighted to officially unveil the new manufacturing plant here in Pruszków. This project took just over one year to complete and will enable us to continue to pursue our strategic goal of being the supplier of choice to our customers, particularly those seeking innovative and sustainable packaging solutions."
Saverio Mayer, CEO of Smurfit Kappa Europe, emphasized the significance of this substantial investment, reaffirming the company's commitment to the Polish and Eastern European markets. He highlighted the pivotal role played by the Pruszków plant in their business operations and acknowledged the dedication and skill of the workforce in delivering top-notch service to customers.
By expanding and modernizing its Pruszków corrugated plant, Smurfit Kappa demonstrates its proactive approach to meeting customer demands and its commitment to providing cutting-edge and sustainable packaging solutions. This strategic investment not only enhances Smurfit Kappa's position in Poland but also reinforces its presence in the broader Eastern European market, solidifying its reputation as a leader in the packaging industry.
