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.