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Vetropack Austria: Lifting turnover in 1998

13 May 1999: Vetropack Austria, a subsidiary of the same-named Swiss glass packaging manufacturer, increased turnover marginally by 0.7% to Sch 1.28 billion (Euros 93 million) in 1998. Further restruc…

13 May 1999: Vetropack Austria, a subsidiary of the same-named Swiss glass packaging manufacturer, increased turnover marginally by 0.7% to Sch 1.28 billion (Euros 93 million) in 1998. Further restructuring measures are planned to boost profitability, including a new, slimmed-down management structure, which will be introduced during the course of 1999. The group said it will also strengthen its strategy of internationalization. Only 20% of its overall production capacity is currently located in Switzerland.

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