SKG completes investments in Central and Eastern Europe

Irish Smurfit Kappa Group (SKG) has completed significant investments in its manufacturing plants in Olomouc in the Czech Republic and Obaly Štúrovo in Slovakia.

The investments of more than €20m were announced in May last year.

SKG installed state-of-the-art converting equipment which will increase the capacity by over 100 million regular and offset printed boxes per annum.

The investments strengthen Smurfit Kappa’s position in the Czech Republic and Slovakia and will enable the business to further target specific industries, most notably the FMCG and electro-technical sectors, the company said.

Commenting at the official unveiling of the two upgraded plants, Zdenek Suchitra, CEO of Smurfit Central & South-East Europe, said: "I am delighted to announce that both of our investments at the Olomouc, Czech Republic and Obaly Štúrovo, Slovakia plants have finished on time and within our original budget in a time when there is a scarcity of all kinds of materials."

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