Subsidiary in Germany became operational


Masterplast Nonwoven GmbH has commenced operations in a unit located in Aschersleben, Germany.

Masterplast Group’s newest manufacturing company, Masterplast Nonwoven GmbH commenced its operational functioning. By launching a unit in Aschersleben, Germany, the number of countries where Masterplast runs a subsidiary grew to nine. Special materials for the health care and construction industry are produced in the unit. The acquisition of the German unit opens up a new dimension to Masterplast.

 


Masterplast Nyrt.

Founded in 1997, the Masterplast group is one of the leading building material producer and distributor companies in the Central Eastern European region. The company group owns subsidiaries in 10 countries, and sells products in a further 30 countries. The company is registered in the premium category on the Budapest Stock Exchange, and had revenue of 201,8 million euros in 2022.