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R-Glass Hungary glass jar factory up for sale again

R-Glass Hungary's glass jar factory in Salgótarjan (NE Hungary) is being offered for sale for the third time, liquidator Miklós Balázs told MTI on Friday.

Three seriously interested parties are expected to submit their bids by the August 15 deadline, Balázs said, adding he hoped the plant would have a new owner and operator in the second half of the year.

The plant is being offered for HUF 1.26 billion. R-Glass has liabilities of HUF 1.5 billion.

R-Glass Hungary bought the plant in 2006, also in a liquidation sale. (MTI-Econews)