Weekly Newsletter

18 August 2023

Weekly Newsletter

18 August 2023

Nefab Packaging to open manufacturing facility in Gdańsk

Sweden's Nefab Packaging will open the 11,000m² manufacturing facility close to the port in Gdańsk, Poland.

Richard Gardham August 15 2023

Nefab Packaging, a Sweden-based industrial packaging and logistics services provider, has leased 11,000m² of industrial and warehouse space to open a new manufacturing facility and branch in Gdańsk, Poland. The land is based next to Gdańsk's deepwater port. The facility is expected to open in early 2024.

In July, Nefab also announced the opening of a new manufacturing facility in Chihuahua, Mexico, that will "accommodate a strong demand for wood and plywood crating, thermoformed and corrugated solutions in the region".

Nefab was launched in Sweden as a bread box manufacturer in 1949, but now identifies its key market segments as telecoms, energy, vehicles, healthcare and aerospace. The company has worldwide operations spread across Asia, the Americas and Europe.

Digitalization - a key buzzword in the financial services sector

The AI market is expected to achieve a CAGR of more than 35% between 2022 and 2030, per GlobalData estimates. The launch of ChatGPT in November 2022 sparked renewed interest in AI, whose key use cases in the financial services sector range from enhancing customer interactions through chatbots to providing better loan terms through data-driven risk assessments and the automation of laborious back-end processes. Companies in the industry must use AI technologies such as machine learning, computer vision and conversational platforms to achieve time and cost efficiencies and remain competitive.

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