“ The conflict in Ukraine is causing problems for everyone ; it is awful ,” he comments . “ Energy costs are exploding as a result , and the industry is being hit hard by inflation to a degree that we have not seen for decades . Costs are going up ; people want to save money . It is a lose-lose scenario !
“ However , we have identified various solutions to this problem for our plants , and we plan to become more independent from Russian energy ,” he adds . “ One way that we are doing so is through the construction of photovoltaic powerplants ( two are located in Poland and another two are in Germany ).
“ We have also shifted some investments in response to the conflict ,” he concludes . “ That means we are redirecting our focus to investments that , instead , secure raw materials and bolster production methods .
For the long-term , we are sticking to our plan of becoming the complete European supplier of paper and packaging . There are still some blind spots on the map but we will fill these out stepby-step . By the end of
“
we are
2027 , we plan to cover at least two more significant countries in Europe and achieve a turnover of 1.5 million euros .” ■
investing more than 50 million euros in green
www . schumacher-packaging . com
“
energy power
plants
manufacturing-today . com 87