Kostenetz-HHI AD is a Bulgaria-based manufacturing company primarily engaged in the production, processing, and distribution of paper, cardboard, and related pulp-based packaging and hygienic products. Tracing its operational history back to 1902 and headquartered in Kostenets, Sofia Province, Bulgaria, the company operates an integrated industrial facility covering approximately 137,000 square meters equipped with dedicated railway infrastructure, automated production lines, and on-site water treatment facilities. Kostenetz-HHI AD serves industrial converters, commercial distributors, and packaging manufacturers across domestic Bulgarian and broader European markets.
The company organizes its core operations around several key product and service segments: sanitary-hygienic tissue papers, manufactured from both 100% virgin cellulose and recycled secondary fibers for commercial and consumer tissue converting; fluting paper, produced from 100% recycled wastepaper for use in corrugated board and protective packaging manufacturing; machine-glazed (MG) papers, utilized as base substrates for subsequent lamination, coating, and flexible packaging applications; cardboard and corrugated cardboard materials, tailored for industrial packaging solutions; and specialized converting and contract processing services, including roll-to-sheet format rewinding, customized roll-to-coil slitting and cutting, and specialized industrial packaging.
In recent developments, Kostenetz-HHI AD has executed operational and strategic initiatives aimed at modernizing production capabilities, enhancing energy efficiency, and strengthening cost resilience. The company has integrated high-efficiency natural gas-fired cogeneration (CHP) equipment under strategic leasing arrangements to optimize steam and thermal energy generation for its paper drying processes while curbing power expenditures amidst energy market volatility. Additionally, Kostenetz-HHI AD has focused on expanding recycled-fiber processing capacity, upgrading water-recycling and effluent purification loops to meet European environmental benchmarks, and refining product specifications for higher-yield lightweight fluting and sanitary tissue grades to support sustainable packaging demand across Southeastern Europe.