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EUR 18 million sell off for bankrupt Polish Huta Szkla Szczakowa

PLN 71.8 million (USD 18.5 million/EUR18.2 million euro) is the value placed on Polish glass plant Huta Szkla Szczakowa SA by the official receiver, who is currently seeking an investor for the compan…

PLN 71.8 million (USD 18.5 million/EUR18.2 million euro) is the value placed on Polish glass plant Huta Szkla Szczakowa SA by the official receiver, who is currently seeking an investor for the company, based in Jaworzno, southern Poland. The company“s liabilities are more than PLN 100 million Polish (USD 25.8 million/EUR 25.3 million). Production continues at the plant, which currently employs 580 people. Prior to filing for bankruptcy on 21 May 2002 the plant employed 750.

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