EANS-News: Mayr-Melnhof Karton AG / Major investment at Mayr-Melnhof Group CNE

11/5/2020, 11:35 AM (Source: euro adhoc)
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  Corporate news transmitted by euro adhoc with the aim of a Europe-wide
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-MM to invest EUR 18 million in folding carton production at the Hirschwang
site
-Focus on e-commerce and high-quality packaging

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Vienna -

Major investment at Mayr-Melnhof Group

-MM to invest EUR 18 million in folding carton production at the Hirschwang site
-Focus on e-commerce and high-quality packaging

The Mayr-Melnhof Group is strengthening its Neupack folding carton production
plant at Hirschwang in Austria with an extensive program for the future. An
investment plan amounting to EUR 18 million in buildings and machinery should
significantly increase the international competitiveness of the site in the
growth markets of e-commerce packaging and high-quality printed consumer goods
packaging in microflute for products such as food, pet food and electrical
household appliances.

Alongside the construction of an enlarged production and storage hall,
investments are being made in new printing technology, die-cutting capacity,
automation and state-of-the-art infrastructure. The objective is to lead Neupack
Hirschwang into the future at a good level with bundled forces and an attractive
product range. The folding carton plant is thus a sustainable employer in the
region, currently employing 215 people.

Further inquiry note:
For further information, please contact:
Stephan Sweerts-Sporck, Investor Relations
Mayr-Melnhof Karton AG, Brahmsplatz 6, A-1040 Vienna
Tel.: (+43/1) 50136 - 91180, Fax: (+43/1) 50136 - 91195
e-mail: investor.relations@mm-karton.com,  Website: http://www.mayr-melnhof.com

end of announcement                         euro adhoc
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issuer:       Mayr-Melnhof Karton AG
              Brahmsplatz 6
              A-1040 Wien
phone:        +43 1 50 136
FAX:          
mail:         investor.relations@mm-karton.at
WWW:          www.mayr-melnhof.com
ISIN:         AT0000938204
indexes:      ATX PRIME, ATX
stockmarkets: Wien
language:     English

EAX0008    2020-11-05/11:35

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