Glaverbel launches production in two new plants

Glaverbel, the leading Czech glassworks, launched operations at two new plants the second week of September this year, company spokeswoman Alena Janotkova told Interfax. The two plants – Glaventron an…

Glaverbel, the leading Czech glassworks, launched operations at two new plants the second week of September this year, company spokeswoman Alena Janotkova told Interfax. The two plants – Glaventron and Stratobel – together represent a CZK 1.03 billion investment. Glaventron is co-owned by Britain“s Pilkington. The plant will produce large-format sheet glass. It will employ a staff of 28 and its yearly output is expected to reach 5 million sq. m. The company received investment incentives for both investments last year. Glaverbel saw its sales grow 21.7 % to CZK 3.9 billion in the first hal of 2001. The firm“s gross profit grew 66 % to CZK 574 million in the first half of 2001. The Glaverbel Czech group brings together 21 Czech glassmakers. Glaverbel Czech is the largest flat glass producer in Central and Eastern Europe. It is a 100% subsidiary of Belgium“s Glaverbel, Europe“s leading producer of flat glass.