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Chinese Company Still Wants to Invest Big in Bulgaria Glass Plant

Post Time:Nov 20,2009Classify:Company NewsView:411


 

Bulgaria: Chinese Company Still Wants to Invest Big in Bulgaria Glass Plant
The owner of Via Properties Denis Barekov (left) and the Vice President of the Luoyang Glass Company Li Wei announce their intention to invest in the old glass factory in Razgrad, April 2008. Photo by Darik Shumen

 

The Chinese state-owned company China Luoyang Float Glass Group is still interested in investing in the former glass factory in Bulgaria’s northeast city of Razgrad.

In 2007, its assets were bought by the Plovdiv-based firm Via Properties, with which the Chinese company is planning the investment.

CLGF is a state-owned company, and ranks third largest in the world in production of flat glass. The plant in Razgrad is expected to employ 300 wokers.

Source: www.novinite.comAuthor: shangyi

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