Turkish firm to start building Siberian bottle plant in May


A Turkish firm will start building a €130 million ($205 million) glass container factory in Novosibirsk in West Siberia in May, the regional state investment agency said on Monday.

Glass packaging producer Anadolu Cam Sanayii will build the plant, with annual capacity of 1 billion bottles, under a deal reached with the Novosibirsk Region administration in August 2007. “The construction will start in May and the first glass-smelting furnace is planned to be built by the end of the year, when the first stage of the plant will be commissioned,” said Vladimir Kozhevnikov, the general director of the region’s investment development agency, which serves as an intermediary between the authorities and businesses.

The official said the plant, which will be located near Novosibirsk’s Tolmachevo Airport and will occupy 40 hectares, is to be completed within three years. Goods produced at the factory will be supplied to the leading drinks producers of Russia and other former Soviet republics. It will be the fourth plant the Turkish company has built in Russia. Anadolu Cam Sanayii has one factory in Georgia and three in Turkey. (rian.ru)


Drought-hit Farmers Get Compensation Weather

Drought-hit Farmers Get Compensation

Parliament Negates Mandatory Membership in MOK Parliament

Parliament Negates Mandatory Membership in MOK

Graphisoft Introduces Archicad Collaborate Construction

Graphisoft Introduces Archicad Collaborate

Service Restarted on Full Length of Metro Line M3 City

Service Restarted on Full Length of Metro Line M3


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.