The Russian company Danaflex sold its factory for the production of flexible packaging DGPack in Prostějov to the Swiss group Amcor Group, which it put into operation at the beginning of 2019. The value of the transaction with a 100% stake in the Prostějov company DGPack was not disclosed. The information comes from documents in the Collection of Documents.
According to data from the CzechInvest agency, the construction of the Prostejov DGPack plant, employing roughly 130 people, cost almost a billion crowns at the time of its opening. Thanks to this investment, Russian Danaflex wanted to expand into new markets in the European Union. After the Russian invasion of Ukraine, the EU introduced extensive sanctions against Russia this year.
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On July 22, representatives of Danaflex and Amcor Group signed the contract for the sale of a 100% stake in DGPack, which has a registered capital of 1.073 billion crowns. The DGPack production plant in the industrial zone in the Prostějov region occupied an area of approximately 12,400 square meters and can annually produce up to 15,000 tons of flexible packaging used, for example, in the food industry.
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The management of DGPack did not publish last year’s financial results. In 2018, representatives of the Danflex company stated that the company wants to gradually invest 100 million euros (2.46 billion crowns) in Prostějov by 2020, while the factory should employ up to 245 people.
The Russian company Danaflex chose Prostějov because of its favorable geographical location. “DGPack is a significant investment by Danaflex on its way to Europe. With this project, Danaflex will increase its existing export capabilities. The Czech project will make it possible to get closer to European customers and respond more quickly to global trends and requirements of business partners,” said Irena Vaňková from DGPack in 2019.
The Prostějov company DGPack was inaugurated in February 2019. The Minister of Industry and Trade of the Russian Federation Denis Manturov, the President of the Republic of Tatarstan Rustam Minnichanov and the President of Danaflex Airat Bashirov came to Prostějov at that time. The Russian representatives talked about the fact that the company from Prostejov is an advance field for the export of flexible packaging to the EU.
Danaflex had three production plants in Russia in 2019, and the Prostejov enterprise was its first investment in production outside the borders of the Russian Federation.
