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Glass industry doubles earnings

EARNINGS more than doubled in Slovakia's glass industry last year, says the Slovak Association of Glass Producers (ZSP). Sales in 2001 rose by 21 per cent year-on-year to Sk9.68 billion, giving companies in the association gross earnings of Sk1.72 billion. Glass exports also saw a year-on-year increase of 17 per cent to Sk5.95 billion.

Investments by glass producers have more than tripled to Sk2.4 billion, largely because of a Sk1.8 billion investment in glass fibre production by Trnava-based Skloplast, said ZSP's Ján Múdry.

Múdry also described the Slovak glass producing industry as stable, and said that product quality and production technology are at a European level. The association, currently in its tenth year, is made up of 25 firms.

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