255 million Euro investment from Şişecam in Hungary

Şişecam will invest approximately 255 million Euros in a factory with a capacity of 330 thousand tons in Hungary.

According to the statement made by Şişecam to the Public Disclosure Platform, the investment amount of the factory to be established in order to evaluate the opportunities in the European market will be approximately 255 million Euros, including the working capital.

In the statement, it was stated that it was decided to make the first glass packaging factory investment in Europe in Hungary and to establish a company with 100% shareholding in Hungary in order to realize the investment.

CLICK TO WATCH LIVE EXCHANGE…

In the statement, it was stated that “The first furnace of our first glass packaging facility investment in Europe will start operating in 2023 and the facility will reach full capacity by 2025, and with this glass packaging facility investment to be realized, it is aimed to meet the increasing glass packaging demand in both Hungary and Europe.”


labels


Source: bigpara- GÜNDEM by bigpara.hurriyet.com.tr.

*The article has been translated based on the content of bigpara- GÜNDEM by bigpara.hurriyet.com.tr. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!