Announcement regarding the decision to invest in the Republic of Croatia

Date: 25 November 2014

We hereby notify that as of the beginning of the year 2014 our Board decided on establishing an affiliate company PRESS GLASS d.o.o. in Croatia, and on construction of production plant there.

The company was established in March 2014, and directly thereafter preparatory works were commenced to start project activities.In August 2014 we received permission for construction of a production plant in the town of Varaždin. Construction works commenced directly following receipt of the permission. Completion of the investment is scheduled at April 2015, and the lunch of production at May 2015.

By establishing our presence in Croatia we would like to contribute to development of companies producing window and door frames, glass facades and various types of glazed indoor structures.

We would also like to thank the authorities of Special Economy Zone and local branch of national construction supervision authority in the town of Varaždin, for their cooperation so far.

600450 Announcement regarding the decision to invest in the Republic of Croatia glassonweb.com

See more news about:

Others also read

Coinciding with the fulfillment of the ARTESUN project´s first year (November), the third Project Meeting took place at Corning headquarters in Avon, France    Funded by the European Comission through its Seventh Framework Programme, ARTESUN Project aims to develop organic photovoltaic solar cells (OPV) through the implementation of three full-scale prototypes.
"Opportunity in the Indian Glass Market - 2014 : Market size, Market share, Market landscape, Market trend analysis, Growth drivers, Future opportunity, Future forecast" provides an insight into the Indian Glass current market scenario, structure and practices.
Dubai Investments (DI) CEO Khalid Bin Kalban has revealed that the Company seeks to examine several expansion opportunities in 2015.
This report was created for strategic planners, international executives and import/export managers who are concerned with the market for nonwired glass sheets of float glass and surface ground or polished glass.
New Business to Support Company's Growing Presence in East and Central African Markets - H.B. Fuller Company (NYSE: FUL) announced today that it has signed an agreement to purchase Continental Products Limited, a provider of industrial adhesives in East and Central Africa.
CITIC Capital Partners (“CITIC Capital”), the private equity arm of CITIC Capital Holdings Limited, is pleased to announce that it has agreed to sell all of the shares of Narumi Corporation (“Narumi”) held by its funds to Ishizuka Glass Co., Ltd. (“Ishizuka Glass”).

Add new comment