Russia: JSC “Dzerzhinsky Organic Glass” posts loss for 2002

JSC “Dzerzhinsky Organic Glass” (JSC “DOS”, assignee of JSC “Orgsteklo”) posted losses of RUR 38 million on sales revenue from finished products of RUR 972 million in 2002. The company blamed the poor…

JSC “Dzerzhinsky Organic Glass” (JSC “DOS”, assignee of JSC “Orgsteklo”) posted losses of RUR 38 million on sales revenue from finished products of RUR 972 million in 2002. The company blamed the poor results on rises in the cost of raw materials and subsequent “non-compensated“ increases in the prices of finished goods.