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.

„In recent years our group has become an equal of its multinational competitors. I firmly believe that with high-quality products and a coherent strategy and great perseverance Hungarian companies can be competitive on the European market. I thank my colleagues warmly for their relentless work ethic going back ten to 15 years, which made it possible for me to be here today and speak to you of yet another significant achievement." – said Attila Vajda in its welcome speech.

János Berényi, president of the Hungarian Investment and Trade Agency (HITA), her Excellency Tove Skarstein, ambassador of Norway to Hungary and Ferenc Geiger, mayor of Soroksár also attended the grand opening ceremony.

Péter Szijjártó emphasised in his speech given at the ceremony: “Vajda Papír started out as a garage company, and has become an international corporation employing 500 people, and generating an annual turnover of HUF 22 billion in just 15 years. This success story shows that the industriousness of Hungarian people, their courage and faith in the future can make Hungary even stronger, and make it become the front runner in Central-Europe once again.”

This Hungarian family-owned company, celebrating its 15th anniversary this year, which has 20 export markets, is a key player in the Central-Eastern European region and Scandinavia – with local offices in four countries and a paper mill employing 85 people in Norway. Thanks to the business development projects this year in Hungary and Norway, the number of staff now exceeds 500, and the finished goods capacity is over 120 thousand tonnes.