New plans of Bulgarian "Rubin" for Serbian glass factory - instead of 7.5m EUR, 15m EUR worth of investments in 2008

Bulgarian company "Rubin" from Pleven, which bought Serbian glass factory in Paraćin, plans to invest 25m EUR in that factory within next five years.

According to the initial plan, "Rubin" was supposed to invest 7.5m EUR in Paraćin-based glass factory during the first year, but it is now for certain that the amount of investments will be 15m EUR.

Delivery of new machines to Serbian glass factory has already started, so that modernization of the production units should be finished by the end of March.