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At the first stage “Saint-Gobain” plans to invest Euro30 Million in refurbishment of the plant production capacities of “Kavminsteklo” and become its co-owner. Due to the refurbishment plant capacity will grow three times by the end of 2005 already. Acquiring of the plant will permit “Saint-Gobain” to exert control over 10% of the Russian glass tare market.
   

   
   

 
“Saint-Gobain”(France) negotiating purchase of plant for manufacturing bottles in South Russia

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"Gorodissky & Partners"
B. Spasskaya Str., 25, bldg 3, Moscow 129090, Russia
Phone: 7 (495) 937 6116 / 6109 Fax: 7 (495) 937 6104 / 6123
E-mail: pat@gorodissky.ru, http://www.gorodissky.com