Yesterday, Prinzhorn Holding has opened their new packaging plant Dunapack Tavria in Kherson in southern Ukraine. The large-scale investment amounts to € 38 million. The plant has a production capacity of 150 million m² of corrugated packaging. In April, CFO Cord Prinzhorn plans his next expansion move in Turkey. On the other hand, the Group will close down its papermill in Frohnleiten/AT next week. 100 employees are affected by the shut-down.
Stora Enso looks back on a satisfactory start of the year. In the first quarter of 2025, sales grew by 9% year on year, mostly thanks to the strong performance of the group’s Wood Products division.
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In the weeks following Donald Trump’s inauguration, the Trade Policy Uncertainty Index (TPU) rose to unprecedented highs. The indicator, developed by Dario Caldara, Matteo Iacoviello, Patrick...
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By introducing sweeping punitive tariffs on imports from all US trade partners, US President Donald Trump has started a tariff war for good. However, some goods, such as wood products, are exempt for...
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