Brief: Quadpack Invests EUR 6 Mln Euros At German Manufacturing Facilities

Quadpack Industries SA

29/03/2022 08:29

March 29 (Reuters) - QUADPACK INDUSTRIES SA  ALQP.PA :
    * QUADPACK EXPANDS EUROPEAN MANUFACTURING IN PREPARATION FOR
MARKET RECOVERY
    * INVESTMENT AT ITS GERMAN PLANT TO ESTABLISH NEW DECORATION
HUB,
INCREASE PRODUCTION CAPACITY
    * INVESTING OVER EUR 6 MILLION AT ITS GERMAN MANUFACTURING
FACILITIES IN KIERSPE, TO MEET INCREASED MARKET DEMAND
    * INVESTMENT TO GO TOWARDS CREATION OF DECORATION CENTRE,
EXPANSION OF ITS INJECTION-MOULDING AND ASSEMBLY CAPACITY
    * 2022 SALES FROM PLANT ARE EXPECTED TO INCREASE IN LINE
WITH 2021
    * INSTALLED MANUFACTURING ENTERPRISE SYSTEM TO CONNECT TO
SAP
S4/HANA CLOUD IN 2023 AS PART OF COMPANY'S DIGITAL
TRANSFORMATION

Source text for Eikon:  ID:nACT73726 
Further company coverage:  ALQP.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7785110;))