Moldova“s Glass Container Company more than triples net profit in 2008

Moldova“s Glass Container Company announced on 16 April 2009 more than tripled its net profit to MDL 13.3 million (USD 1.2 million/EUR 892,000) in 2008.
Net profit was MDL 13.3 million in 2008, comp…

Moldova“s Glass Container Company announced on 16 April 2009 more than tripled its net profit to MDL 13.3 million (USD 1.2 million/EUR 892,000) in 2008. Net profit was MDL 13.3 million in 2008, compared to MDL 4.3 million in 2007, while net sales came to MDL 312.9 million, compared to MDL 288 million, and long-term assets were MDL 302.8 million, while in 2008 the figure came to MDL 335.0 million. US government-backed private equity fund Western NIS Enterprise Fund (WNISEF) is the largest single shareholder in Glass Container Company with a stake of 34.78%.