ST Glass capital lifted

Hungarian Development Bank (Magyar Fejlesztesi Bank Rt. – MFB) will increase the capital of blown glass manufacturer ST Glass by Euro 1.6 million. ST Glass plans to invest some Euro 6.0 million by the…

Hungarian Development Bank (Magyar Fejlesztesi Bank Rt. – MFB) will increase the capital of blown glass manufacturer ST Glass by Euro 1.6 million. ST Glass plans to invest some Euro 6.0 million by the end of 2001. The company posted a pre-tax profit of Euro 350,000 and a turnover Euro 14.3 million in 2000.