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Glaston publishes 2008 financial statement bulletin

Post Time:Nov 12,2013Classify:Industry NewsView:140

President and CEO Mika Seitovirta and CFO Kimmo Lautanen presented Glaston Corp.'s January–December 2008 financial statement bulletin today.

"The global financial crisis considerably weakened the glass processing machine market in the second half of 2008," Seitovirta said. "The development is particularly evident in orders of new machines. During the final quarter of the year, orders fell sharply compared with the corresponding period of the previous year and the order book clearly weakened."

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