2. The Company’s Activities, Products, Sites and Proprietary Relationships

Founded in 1990 as a member of the Austrian Hamburger Group, Dunapack Ltd. belongs to Central Europe’s largest corrugated product manufacturing operation. Since its foundation, the Company has been one of Hungary’s largest packaging material producer, and the country’s biggest packaging waste user. Throughout the nearly one and a half decades since its foundation, Dunapack Ltd. has grown into a corporate group covering the neighbouring nations, and is now present in six countries of the region in the packaging product market.

The Dunapack corporate group offers its customers a comprehensive service package covering the whole life cycle of the packaging. Apart from the development of packaging systems most appropriate for the given packaging function, producing packaging materials and equipment and providing for a complete logistic background, this also comprises the collection and recycling of packaging waste. When designing our services, the economical, aesthetic and environmentally  friendly implementation of the desired packaging function, the least possible material quantity and the use of fully recyclable materials are all important. Dunapack Ltd. has a divisional organizational structure. Our Paper Division (PC1) has two sites in Csepel and Dunaújváros, where 257,000 tons of packaging paper was produced in 2003 on three paper machines. Fifty-six percent of the paper is processed into sacks and corrugated products by two other divisions of the Company, and its subsidiaries operating in the neighbouring countries. The Corrugated Division (PC2) likewise operates at two sites. Corrugated board has been made at the Csepel site since as early as 1923 for packing light bulbs.