The largest tableware glass furnace in the world began production in August. Sisecam's factory in Targovishte, Bulgaria, has eight production lines and a capacity of 54,000/tpa, making the firm the second largest tableware glass producer in the world. Sisecam invested US$70M in its first factory in Bulgaria, which was completed in 12 months. The factory employs 580 workers and its annual turnover is expected to be around US$55M. Over 90% of production will be allocated to the EU market. The Sisecam Group has annual sales of US$1.8BN. The investment in Bulgaria is part of the firm's strategy to become leaders in Central and Eastern Europe, and to increase the market share of the group worldwide.
Origin
Unknown
Journal Title
Glass Worldwide 1/2005 4
Sector
Domestic glass
Class
D 870