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Moravske Sklarny Kvetna: sales hit by BCT collapse

Glassware manufacturer Moravske sklarny Kvetna (Strani-Kvetna, Czech Republic) saw a profit of CZK 1 million in 2007. MSK is focused exclusively on hand-made glass with high value-added decoration. Ab…

Glassware manufacturer Moravske sklarny Kvetna (Strani-Kvetna, Czech Republic) saw a profit of CZK 1 million in 2007. MSK is focused exclusively on hand-made glass with high value-added decoration. About 90% of the firm“s production is intended for export. MSK had to face a decline in demand for glass products during the 2H 2008. The firm also suffered as bankrupt Czech glass group BCT sold off stocks at very low prices during the period.

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