Kastus statement on Brexit

Mr. John Browne, CEO at Kastus Technologies Ltd., UK comments on Brexit:“We generally see the British EU exit poll as an opportunity for Kastus as it could potentially make investment in Irish companies more attractive for UK investors.

Our technologies are Globally scalable and while we consider the UK market to be a significant one, the U.S., EU and Far Eastern markets are significantly larger. ''There is a near term risk of investment stagnation in the UK and potentially the EU construction sectors which would have a negative impact on the flat glass markets but we think this will be short term and that ultimately the markets will return to growth in early 2017, Browne said.

''The need to innovate in order to tackle the threat of antibiotic resistant super bugs in the environment is being widely highlighted in the media with Governments taking a more active position.

The British government has been at the forefront of identifying ways to tackle the problem which could kill more people than cancer globally by 2050 and David Cameron in particular has taken a hands on role. Prime minister Camerons resignation is disappointing but his governments commitment to tackling the problem is reassuring that the commercial opportunity for Kastus antimicrobial technologies on flat glass is significant and attractive.”

600450 Kastus statement on Brexit glassonweb.com
Date: 28 June 2016
Source: Kastus Technologies Ltd.

See more news about:

See more from these topics:

Others also read

The Spectus Vertical Sliding Sash is recognised as an industry leader not only in its authentic looks but also its performance and versatility.
Can Your minimal windows®4+ Handle A Hurricane?
Aluminium slimline windows are a great choice for both new build and refurbishment projects.
Ultraframe unveils the Loggia – revolutionising the extension market
We’re proud to announce that we have improved our weekly bi-fold door output, increasing it to an impressive 70 units whilst still placing quality at the forefront.
A Classic Aluminium Orangery is sure to make your home one of the most envied in Swindon.

From industry


Wrightstyle Ltd.

Add new comment