Banner

Krosno to issue bonds for expansion

Polish glassware manufacturer Krosno plans to issue bonds worth some PLN 200 million (USD 64.5 million/EUR 49.5 million) in the next three years to finance the construction of two new plants, it was r…

Polish glassware manufacturer Krosno plans to issue bonds worth some PLN 200 million (USD 64.5 million/EUR 49.5 million) in the next three years to finance the construction of two new plants, it was reported on 31 January 2005. The company earlier said it planned to more than double its consolidated sales by 2010. Krosno also added its consolidated sales outlook for full-2004 could exceed PLN 400 million (USD 129 million/EUR 99 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