Hermann Heye to break even

Hermann Heye KG, based in Obernkirchen, Germany, the insolvent hollow container glass specialist, should break even by mid-2002 at the latest, according to the insolvency administrator Stephan Hoelter…

Hermann Heye KG, based in Obernkirchen, Germany, the insolvent hollow container glass specialist, should break even by mid-2002 at the latest, according to the insolvency administrator Stephan Hoeltershinken. Meanwhile company creditors have voted unanimously to maintain the operating business. The banks have approved the necessary lines of credit. Heye has won a major order from the Australian Amcor-Leighton group.