- By country
- By industry
- By topic
- Top 100
SOFIA (Bulgaria), March 13 (SeeNews) - Bags, fitments and filling machines manufacturer Rapak is investing in a new production line for Bag-in-Box packaging at its plant in the Bulgarian city of Shumen, its parent company - British-based DS Smith, said.
The new equipment can produce Bag-in-Box bags of any size between 2 and 220L in MetPET, EVOH, Nylon or other materials, DS Smith said in a statement on Monday.
This will be the sixth line at the plant.
"Demand for Bag-in-Box packaging in Eastern Europe is rising, and now we are fully prepared to cater to the market needs," Ivo Pavlov, director of the Shumen plant, was quoted saying.
The Shumen plant has been manufacturing flexible bags for Bag-in-Box in sizes ranging from 0.75L to 1400L since 2005.
In 2017, Rapak Bulgaria generated sales revenue of 13.5 million levs ($7.8 million/6.9 million euro) and a net profit of 171,000 levs, according to its annual financial report. The Bulgarian company employed 62 people at the end of 2017.
(1 euro = 1.95583 levs)