PROJECT

Projects

Environmental Review Summary

Project Number

21680

Company Name

DRUJBA GLASSWORKS SA

Date ERS Disclosed

Nov 24, 2003

Country

Bulgaria

Region

Europe

Environmental Category

B - Limited

Status

Completed

Previous Events

Approved : Apr 27, 2004
Signed : Apr 27, 2004
Invested : Jun 7, 2004

Sector

Glass and Glass Products (Including Glass and Mineral Wool)

Industry

other

Department

Regional Industry MAS LAC & EUR

Project Description

The proposed project is to refurbish and modernize the operations of an existing Bulgarian glass manufacturer, Drujba S. A (or the company). The project involves an investment in a modern 120,000 tpy natural gas fired furnace and related production lines at the company’s plant in Plovdiv. Effective capacity in glass containers and machine tableware will increase from 130,000 tpy to about 170,000 tpy. Capacity at the company’s Sofia operation will not increase. Yioula, a Greek glass manufacturer, acquired the Sofia operation in 1997 and the Plovdiv operation in 1998.

Environmental and Social

Conclusion & Monitoring