Vetropack posts 2001 turnover

Swiss glass packaging producer Vetropack posted a turnover of some CHF 430 million for 2001, up 4% year-on-year. The family-owned company did not release profit figures but said the 2000 net profit of…

Swiss glass packaging producer Vetropack posted a turnover of some CHF 430 million for 2001, up 4% year-on-year. The family-owned company did not release profit figures but said the 2000 net profit of CHF 15.6 million was not reached in 2001. The company cash flow equalled 14.7% of the turnover in 2000. Vetropack owns glass packaging subsidiaries in Austria, the Czech Republic and Croatia. The group also includes four Swiss companies, a trading subsidiary, Mueller+Krempel, a glass recycling company, Vetro-Recycling, consultancy Vetroconsult and real estate company Vetroreal.