Filtraglass
Falorni Tech Glass Melting Technology
Banner

EBRD buys big stake in AD-Zoria bottle plant

2 April 1998: The EBRD of the Ukraine has reportedly invested more than US$ 12 million to acquire a 37.5% stake in the statutory capital of the Ukrainian-Canadian JV AD-Zoria of Rivne oblast.
The fi…

2 April 1998: The EBRD of the Ukraine has reportedly invested more than US$ 12 million to acquire a 37.5% stake in the statutory capital of the Ukrainian-Canadian JV AD-Zoria of Rivne oblast. The firm specializes in manufacturing glass bottles, according to EBRD Resident Representative Jaroslav Kinach. The projected capacity of the plant is 550 million bottles per year, a far cry from the current sum of 35 million. The total value of the project is US$ 40 million.

Sign up for free to the glassOnline.com daily newsletter

Subscribe now to our daily newsletter for full coverage of everything you need to know about the world glass industry!

We don't send spam! Read our Privacy Policy for more information.

Share this article
Related news