Investment for sustainable packaging: Greiner invests in Italian start-up

Investment for sustainable packaging: Greiner invests in Italian start-up

The packaging is returned and can then be reused up to 20 times.
Roland Riepl, Managing Director of Greiner Innoventures

Reduce the packaging waste generated by online retail: That’s what the Italian start-up Movopack, based in Milan, wants to do. The packaging developed contains a return label and can be returned to the company by post by consumers after unpacking their order.

Movopack is reprocessing the packaging, which is made from recycled polypropylene – it should be able to be reused up to twenty times. “Our long-term goal is to make sustainability not just an option, but a standard in e-commerce,” says Movopack co-founder Tomaso Torriani.

Greiner Innoventures was convinced by the idea: the Viennese company of the Kremsmünster-based group, which specializes in plastic and foam solutions, is investing in the start-up with a mid-six-figure amount. “By investing in Movopack, we are pursuing our strategy of driving forward sustainable innovations in the packaging industry,” says Roland Riepl, Managing Director of Greiner Innoventures.

Roland Riepl, Managing Director of Greiner Innoventures
Image: Greiner AG

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Roland Riepl, Managing Director of Greiner Innoventures
Image: Greiner AG

Source: Nachrichten

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