Turkish Sisecam Group Signs Credit Agreement For Its Glass Factory To Be Built In Bulgaria

Date: 28 June 2004
Source: Turkishpress.com

Date: 28 June 2004

The Turkish Sisecam Group has signed a loan agreement which will provide for the financing of its glass factory to be established in Bulgaria.

The agreement was signed between the Sisecam Group and the International Finance Corporation (IFC).

The Bulgarian Economy Minister, Lidiya Shuleva,the chairman of Trakia Glass Bulgaria, Alev Yaraman and the IFC attended the signing ceremony organized in the Turkish Embassy in Sofia. The IFC will finance 50 percent of the costs of the glass factory which will be established by the Sisecam Group in the Bulgarian city Týgoviste.

The building of the factory will be inaugurated on July 6-7 with the participation of the prime ministers of both countries and is expected to be concluded within one year.

600450 Turkish Sisecam Group Signs Credit Agreement For Its Glass Factory To Be Built In Bulgaria glassonweb.com

See more news about:

Others also read

MORE...

R.O. has designed and produced a powerful Parametric Shape management system
The glass sector has the increasingly widespread requirement of having an unlimited catalogue of parametric shapes and creating new ones in a simple way without being an expert in the field.
Glass Confusion to start Beginning Fusing Classes
Glass Confusion is starting the New Year with Beginning Fused Glass group classes. The three-week course will be held Wednesdays from 10 a.m. to 1 p.m. and again from 5 p.m. to 9 p.m.
Shoaib Akhtar to endorse Asahi Glass
Shoaib Akhtar is going to be back on Indian TV screens. He is going to be featured in the new TV ad campaign for Asahi Glass.
DisplaySearch: Global glass-substrate capacity to grow 40% each quarter
Worldwide glass-substrate capacity is expected to continue to grow more than 40% each quarter through 2005, as a result of capacity expansion by existing glass-substrate suppliers and new companies joining the market, according to DisplaySearch.
Western Pennsylvania glass industry going the way of steel
Western Pennsylvania’s once-thriving glassmaking industry is dwindling, as did the domestic steel industry and for many of the same reasons: competition and cost.
Another glass plant closes doors
Christmas got a little bluer for the local glass industry this week with the closure of yet another plant.

Add new comment