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Masterplast to invest €400,000 in expansion

Automotive

Masterplast, one of the leading manufacturing and trading companies of thermal insulation materials in the Central- East-European region, announced today that it would be expanding its plant located in Szabadka, Serbia.

The company is investing €400,000 of its own resources in the expansion and will launch trial production in its second glass fabric plant. Masterplast was established in 1997 and made a revenue in excess of €81 mln in 2013.

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