Trakia Glass Bulgaria, a unit of Turkish glassmaker Sisecam, said on 19 April 2007 that it expected its sales to grow by 20% to BGL 185.2 million (USD 128.6 million/EUR 94.6 million) in 2007.
The com…
Trakia Glass Bulgaria, a unit of Turkish glassmaker Sisecam, said on 19 April 2007 that it expected its sales to grow by 20% to BGL 185.2 million (USD 128.6 million/EUR 94.6 million) in 2007. The company expects to hold on to its current market share in Bulgaria, Trakia Glass Bulgaria said in an announcement. Sisecam holds between 30% and 35% of the flat glass market in Bulgaria and 40% of the glassware market. The Turkish company has invested USD 190 million (EUR 139.8 million) in its two plants in the country, which joined the EU in January 2007. It plans to open a third plant which will bring its total investments in Bulgaria up to USD 220 million.