News

Russia situation casts shadow over Mondi results
Growing demand for sustainable packaging has boosted Mondi’s annual results, but the Russian invasion of Ukraine has caused city jitters over the group’s substantial presence in Russia.

Xaar acquires Megnajet to accelerate growth
Xaar has acquired Megnajet and Technomation, whose businesses trade together under the name Megnajet and manufacture industrial ink management and supply systems for digital inkjet.

Highcon raises $18.5m to continue growth
Highcon Systems has raised $18.5m (£13.8m) by means of a private share placement.

De La Rue reduces pension scheme deficit with new valuation
De La Rue has agreed with its pension fund, De La Rue Pension Trustee, to bring forward an actuarial valuation of its pension scheme as at 5 April 2021, rather than the originally scheduled 31...

Brandfixx enhances cutting with Zünd install
Modular vehicle branding specialist Brandfixx has purchased a Zünd G3 L-2500 digital cutter for its production facility in Hull.

February’s headlines dominated by UPM crisis
With its vast implications across the industry, it’s no surprise that the ongoing strike action at UPM’s Finnish mills dominates February’s round-up of the most-read articles on printweek.com,...

Stora Enso stops production and sales in Russia
Stora Enso is stopping all production and sales in Russia until further notice due to the ongoing invasion in Ukraine.

Overall sales up but print down at HP
HP Inc has reported overall revenue and profit growth, driven by its personal systems division, with revenue and profit in its printing segment both on the slide.

Mondi updates on Ukraine, Russia
Mondi has suspended production at its plant in Ukraine, while its Russian pulp and paper facilities remains operational.

Arc Labels in Konica Minolta install
Arc Labels has taken on a Konica Minolta AccurioLabel 230 digital press to expand its offering.

Shops could ditch newspapers over costs row
Independent retailers have warned that spiralling costs could force some outlets to drop newspaper sales altogether.

Grauf takes up new role at Inkcups
Bobby Grauf has become the new – and first – managing director of Inkcups Europe.

Unite plans strike action at Envases Liverpool
Metal packaging specialist Envases Liverpool is facing strike action this month after the Unite union rep was dismissed from his role at the business.

Signs 24-7 prints windows of opportunity for Cheshire’s high streets
Cheshire West and Chester Council was keen to brighten up several high streets across the region to encourage more footfall and help its post-pandemic bounce back.

Labelexpo Europe cancelled, postponed to 2023
Labelexpo Europe, due to take place in eight weeks' time, has been postponed until next year.