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.
18. Mar 2002 at 0:00 | Compiled from Slovak press reports