FT: German company buys major Kyrgyz glassworks

A major glassworks in Central Asia in the town of Chuy-Tokmak (in the northern Kyrgyz Chuy Region) will be launched soon.

The Kyrgyz Foreign Trade and Industry Ministry has said that the German company has bought a factory that is standing idle. The factory will now be called Interglass.

Modern equipment have been delivered to the factory from Germany over the past 18 months.

The German company intends to invest 10 million dollars in the factory shortly. But the factory will already able to meet the demand for glass both in Central Asia and in the Russian regions of Siberia and the Urals. These areas have been forced to buy goods abroad following the closure of the factory.

600450 FT: German company buys major Kyrgyz glassworks glassonweb.com
Date: 26 November 2001
Source: FT

See more news about:

See more from these topics:

Others also read

In order to improve a globally expanding business in the areas of container / special glass, as well as in the area of ​​ technological turn-key plants for container and float glass a restructuring and expansion of the leadership of Horn Glass Industries was required.
VBH, the largest hardware distributor in Europe, will have products on several stands at Fensterbau Frontale, 21st-24th March, Nuremberg, Germany.
Naoya Uehara has been appointed to the Management Board of speciality chemicals producer Kuraray Europe GmbH (KEG) in Hattersheim, Germany, as co-managing director, alongside Dr. Matthias Gutweiler.
WICTEC is an overall concept of modern-day architecture that reconciles the elements of heat storage, air conditioning, light provision and fire and noise protection within a single façade design.
The original shows its colours: State-of-the-art stand design and new developments at RENOLIT.
Priva B.V. and GEZE GmbH decided to sign a letter of intent to develop their cooperation in building automation systems and solutions.

From industry

Am Pfahlgraben 4
35415 Pohlheim
Germany

Add new comment