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Our Norwegian company was founded 10 years ago, Minister for Foreign Affairs and Trade Mr. Péter Szijjártó visited Vajda-Papír's factory in Norway

Our Norwegian company was founded 10 years ago, Minister for Foreign Affairs and Trade Mr. Péter Szijjártó visited Vajda-Papír's factory in Norway

In recent years, Vajda-Papír Group has strengthened its position in the Nordic market. Its Norwegian factory, Vajda-Papír Scandinavia AS, the only Hungarian-owned daily consumer goods producer and exporter in Norway, celebrates its 10th anniversary this year. To mark the anniversary, Minister of Foreign Affairs and Trade Péter Szijjártó visited the Norwegian factory. In order to further exploit the good potential of the Nordic market and to strengthen the company's regional presence and export activities, Vajda-Papír is considering further investments, developments and market expansion.

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Vajda-Papír Group doubled its turnover, but its profitability decreased due to the surge in energy prices

Vajda-Papír Group doubled its turnover, but its profitability decreased due to the surge in energy prices

Despite record sales in 2022; profitability has declined due to significantly higher raw material and energy prices. In one year, the company's energy costs have increased by 70%, by HUF 17 billion, and raw material prices have also risen. EBITDA thus amounted to HUF 1.44 billion and profit before tax to HUF 100 million in 2022. A year earlier, in 2021, the group achieved an EBITDA of HUF 2.7 billion on revenue of HUF 57 billion. The group produced and sold 12% more products last year than in 2021.

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Vajda-Papír's paper mill in Dunaföldvár has been expanded with a second mill.

Vajda-Papír's paper mill in Dunaföldvár has been expanded with a second mill.

The new mill, which was completed during a 15-month investment project worth HUF 16 billion, was handed over by Mihály Varga, Minister of Finance, and Attila Vajda, Managing Director of Vajda-Papír Kft. One of the world's most modern hygiene paper mills has been expanded with the new mill unit, which includes the new base paper production hall, the base paper warehouse and the pulp storage and preparation areas.

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Trial run of Vajda-Papír's latest paper machine has started

Trial run of Vajda-Papír's latest paper machine has started

The first roll has been rolled off the world-class base paper machine, ensuring the company's continued growth in Europe's most modern tissue paper mill. The machine, which is the main element of the expansion of Vajda-Papír's Dunaföldvár mill with a new production unit, was supplied, installed and commissioned by the Italian company Toscotec in Dunaföldvár. The world-class, energy-efficient base paper machine will be the “heart” of the new mill, which will be handed over soon, with a production capacity of 10 tonnes per hour and 80 000 tonnes of rolls per year. One of the largest and fastest paper machines in Europe, it will ensure the self-sufficiency of Hungary's leading manufacturer of tissue paper products in base paper and double the company's production capacity. The investment was made with government support.

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Vajda-Papír won the 2021 Composite Factory of the Year Award

Vajda-Papír won the 2021 Composite Factory of the Year Award

Hungary's leading manufacturer of hygiene paper products, the Vajda-Papír Group, has won the seventh edition of the 2021 Factory of the Year Composite Award with its Dunaföldvár mill, one of the world's most modern hygiene paper mills. According to Attila Vajda, Managing Director of Vajda-Papír Ltd., the award is a recognition of the management's efforts over the past 22 years and of the more than 600 employees of the group, who have worked hard in several shifts during the pandemic to ensure a high level of quality to meet the surge in demand. The Factory of the Year competition, organised by GyártásTrend Magazine and its publisher PPH Media Ltd, assessed the manufacturing companies that entered the competition and the winners of the categories announced, based on a complex set of criteria.

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Vajda-Papír group's turnover increased by 10 percent last year

Vajda-Papír group's turnover increased by 10 percent last year

Fifty-two billion HUF to fifty-seven billion HUF increased last year, the turnover of Hungary's market-leading, largest-issuing hygiene paper product manufacturer, the 22-year-old Vajda-Papír Group, last year. The majority of the ten percent increase in turnover was generated by the Hungarian mills, with the Norwegian subsidiary contributing EUR 16.7 billion to the performance. Group EBITDA was HUF 2.7 billion and profit before tax HUF 1.5 billion.

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Vajda-Papír opened Hungary’s most innovative paper factory

Vajda-Papír opened Hungary’s most innovative paper factory

The new factory unit implemented under a 15 months’ investment, totalling HUF 15 billion, was opened by Mihály Varga and Attila Vajda in the presence of their key partners, suppliers and the heads of the companies participating in the investment in Dunaföldvár, on 9 November, 2018. Hungary’s most modern tissue paper manufacturing and processing factory provides more than 100 new jobs in the region. The Hungarian company exports its products to more than 20 countries, it has had a separate factory unit in Norway since 2013, and is highly committed to using environmentally friendly technologies.

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New integrated tissue paper mill with the latest technology is being built

New integrated tissue paper mill with the latest technology is being built

After a long and severe examination process, the Hungarian Ministry of National Economy had selected our investment plan for an integrated hygiene paper manufacturing site as from national economical perspective preferred one and decided to support it with 4,5 billion HUF non-refundable contribution in the program of the National Enterprise Investment Scheme. From the total 11 billion HUF investment, we will build Hungary’s biggest and most modern integrated hygiene paper production site

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Ooops! Whatever happens

Ooops! Whatever happens

Sanitation paper brand Ooops was introduced in the Hungarian market in 2011 by Vajda Papír and since then it became the most popular brand in the Hungarian market.

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Investment to increase capacity at Vajda Papír

Investment to increase capacity at Vajda Papír

One June 11, 2014, in the presence of 100 guests – including national and local government representatives, diplomats, partners, clients and suppliers as well as the press – the new major investment project of HUF 1.8 billion to increase the converting capacity of Vajda Papír Kft. was unveiled, which is to open up new vistas for the company.
The start button of the new state-of-the-art production line installed by early June was pressed by Péter Szijjártó, deputy minister of foreign affairs and trade and Attila Vajda, founder, owner and managing director of Vajda Papír.

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The top HR areas at Hungarian companies this year

The top HR areas at Hungarian companies this year

According to a mini-survey conducted by HR Portál the top priority in 2013 was strategic human resource planning at most companies, with some companies naming increasing the commitment of employees as their top priority. It seems that managing change becoming increasingly more important, but the ranking of priorities has not changed in recent years.

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