FLEX FILMS EUROPA KFT
INCORPORATION & SETTING UP GREENFIELD PROJECT
Flex Films Europa KFT. a subsidy of Flex Films Europa Sp. z o.o was incorporated in Hungary
After establishing the first factory in Europe in 2011 in Września Poland, 50 km from Poznań. We have been constantly developing and expanding our offer. In 2020 we expanded our foot fall into Hungary a city called Rétság 60 Km North of Budapest.
Complete responsibility of setting up the plant from buying land to getting the construction, installation of plant and bringing it to profits. Got 8.9 million EURO cash grant from Hungary Government and 85% finance from Poland Bank (encouraged PKO bank to do their first offshore finance)
On 21st Nov. 2018 Bhoomi puja was done and Commercial Production Started on 13h Nov. 2020. Total investment as on date in Hungary is 83 million EURO.
We have extensive production capabilities in the field of biaxially oriented PP (BOPP) film. Have 142,287 Sq.M of land in Rétság out of which 4,473 Sq.M is for residential and balance 137,814 Sq.M for manufacturing units. We have already constructed 26,035 Sq.M for plant for.
One 10.4-meter Biaxially Oriented Polypropylene (BOPP) Film Line with a cumulative capacity of 48,000 TPA
Three 2.85-meter-wide plasma enhanced cutting edge high-barrier metallizers with a cumulative capacity of 22,500 TPA
We are in the process of adding ALOX metallizer which will be operational by end of April 2022.
We employ 210 + direct workers and have 35 indirect workers. Every day around 15 Trucks come in and go out of our Plant. We ship our products to customers in Europe and work on a physiology of manufacture product as near to the customer as we can. We have more than 100 direct customer and supply to 125 plus location in 26 countries of Europe.
We chose Rétság because its proximity to international airport and close to Slovakia boarder which is just 22 km away. The industrial park was well developed and had all utilities like Gas, Electricity, Water and Optic fiber as the edge of the Plot. Four lane highway is just 20 Km from our plant and the same is planned to be extended to Slovakia boarder connecting our industrial area.
We relentlessly endeavor to enhance value for our clients by offering innovation to create value added differentiation and best-in-class service.