Gostomel Glass To Increase Charter Fund By USD 3 mln To USD 3.04 mln.
20 January 2008
The company will consider this issue at its AGM on March 8. The company plans to issue 43.8 mln shares at USD 0.069 par. Gostomel Glass produces over 300 mln of glass bottles per year. Concorde Capital: According to reports in the Austrian press, Austrian/Swiss Vetropack is close to acquiring a 75% in the company. Gostomel Glass increased sales by 91% yoy in 9M05 to USD 35.2, posting a 34% EBITDA margin and a 20% net margin. The company is owned by the management.
