Falorni Tech Glass Melting Technology
Filtraglass

Serbian SFS forced to cut output

Following privatisation, Serbian glass maker Srpska Fabrika Stakla (SFS) in Paracin, central Serbia, has been forced to cut production because the gas trading unit of Serbia“s oil and gas company NIS…

Following privatisation, Serbian glass maker Srpska Fabrika Stakla (SFS) in Paracin, central Serbia, has been forced to cut production because the gas trading unit of Serbia“s oil and gas company NIS, Energogas, has frozen the plant“s accounts, it was reported on 21 July 2003. Energosas is claiming repayments which SFS director Slobodan Baletic describes as “unrealistic” adding that the factory may reduce output, but will not stop operations altogether. SFS earns some EUR 750,000 (USD 841,900) monthly from exports, but it has some 5.5 million beer bottles in stock, as local breweries have switched to 1.5 litre PVC bottling.

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