Serbia: Yioula Glasswork plans to acuire glass factory

Date: 2 April 2008
Source: Croatia Today
The Greek Yioula Glassworks is the only company interested in the acquisition of 100 percent of the glass manufacturer Industrija Stakla Pancevo.

The public tender commission has decided to start negotiating with the only bidder, and the Ministry of Economy will appoint a negotiations commission, 'Serbia & Montenegro Today' reports.

Two tenders were already called for the acquisition of Serbia's only straight glass manufacturer in 2003 and 2006: both failed after no bidders applied. The factory has acquired the ISO 9001 standard and has 150,000 square meters of facilities.

600450 Serbia: Yioula Glasswork plans to acuire glass factory
Date: 2 April 2008
Source: Croatia Today

See more news about:

See more from these topics:

Others also read

Pavle is a Serbian family-run glass processing company located in Pancevo, an industrial city some twenty kilometers north-east of Belgrade.
Last 15th October our agent, Este Team Doo, took part and has contributed to organize the International Symposium "World of Glass" 2015 in Belgrade (Serbia), an important meeting moment with the specialists of the sector.
Serbian state-owned gas company Srbijagas will sell its 63.6 percent stake in Srpska Fabrika Stakla AD to a Bulgarian buyer within the next two weeks for 35 million euros ($48.31 million), its general manager said today, B92 reported.
Negotiations between the representatives of Italy's Lames, the town of Sremska Mitrovica Serbia and the Ministry of Economy have been successfully, meaning the project will start producing automatic glass lifters for automobiles in the town on the Sava river.
Serbia plans to invest at least EUR17m in upgrading its troubled glass factory Srpska Fabrika Stakla (SFS) to triple its output and turn to profit in 2010, Politika quoted the head of state-owned gas monopoly Srbijagas, Dusan Bajatovic, as saying, SeeNews reported.
Serbia’s Privatization Agency  has decided to give more time to potential buyers of 86.5% stake in Priboj-based truck factory FAP, extending the deadline for binding bids to February 27.

Add new comment