Portuguese Company to Buy Large Bulgaria-Based Glass Wrapping Producer

Business » INDUSTRY | November 3, 2016, Thursday // 13:51| Views: | Comments: 0
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Bulgaria: Portuguese Company to Buy Large Bulgaria-Based Glass Wrapping Producer

One of the largest glass wrapping producer in the Balkans is to be acquired by Portugal's BA Glass, a declaration filed with the competition watchdog reveals.

Druzhba staklarski zavodi AD was until now owned by a Greece-based company controlled by the Voulgarakis family.

It registered BGN 264 M in revenues and BGN 9.8 M in losses last year, compared to BGN 243 M and 12.7 M in 2014, respectively.

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Tags: Druzhka Staklarski Zavodi AD, BA Glass
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