Drujba_Bucha

completed

_x000C_The project is the expansion of Drujba’s (Drujba A.D.), and the expansion and modernization of Bucha’s (Buchansky Glassworks Plant Limited Liability Company) glass container factories. The project is to be implemented at Drujba’s site in Plovdiv, increasing annual capacity from 275,000 tons to 310,000 tons, and at Bucha’s Kiev site, increasing annual capacity from 52,000 tons to 80,000 tons. It also includes expansion of warehouses at both sites and building renovation at Bucha. The project will also include installation of automatic cullet washing and sorting lines at Drujba’s Sofia site, and at Bucha, to increase use of external cullet, thus reducing raw material and energy use in glassmaking. Drujba and Bucha are owned by Yioula Glassworks S.A. (Greece), an existing IFC client. The projects are part of Yioula’s strategy to move production into eastern Europe. It has owned Drujba since privatization in 1997 and acquired Bucha in March 2006.