Portuguese company BA Glass will invest EUR 1 billion in its glass bottle factories in Portugal, out of which EUR 150 million will be invested in its factories in Romania.
According to Portugal’s trade and investment body, AICEP, BA Glass, that is Portugal’s largest manufacturer of glass bottles, will increase its investments in Romania. The Romanian investments will be to build a new oven for glass manufacturing as well as a new warehouse of 25,000 sq. meters.
It is to be noted that BA Glass is the only manufacturer of glass packaging in Romania and that the new investments will double their production capacity.