The Consumers Sklo Zoria company (Rivne region of the Ukraine) started production from its UAH 150 million No. 3 glass container workshop on 7 November 2006.
Ukrainian president Viktor Yuschenko att…
The Consumers Sklo Zoria company (Rivne region of the Ukraine) started production from its UAH 150 million No. 3 glass container workshop on 7 November 2006. Ukrainian president Viktor Yuschenko attended the festivities related to the opening ceremony. The capacity of the new shop is 350 tons a day. According to a source at the firm, the output value of the new shop is planned to be UAH 200 million a year. For the first nine months of 2006, output from Consumers Sklo Zoria reached UAH 167.2 million in comparable prices, 30% up on the same period in 2005. In August 2005 the Ukraine Antimonopoly Committee authorized Germany“s Saint-Gobain Oberland AG to acquire over 50% of the shares in Consumers Sklo Zoria, a closed joint-stock society. Consumers Sklo Zoria finished 2005 with a profit of UAH 9.340 million, having increased net revenues by 13.54% or UAH 21.173 million to UAH 177.505 million.