Page 23 - Glass Machinery Plants & Accessories no. 2/2017

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BA VIDRO

BUYOUT BID CAD Designed Projects

FOR DRUJBA GLAS- that Feature a

SWORKS SUSPENDED 360°
“Walk-Through”
The Bulgarian financial regulator has temporarily
suspended the buyout offer by Bareck Overseas, a Capability
wholly owned subsidiary of Portugal’s BA Vidro, for the
remaining shares of Drujba Glassworks.
The Commission for Protection of Competition gave no
further details in its notice of the suspension published
on Friday. In February, Drujba Glassworks stated that
Bareck Overseas, based in Cyprus had launched a
buyout bid for the stocks representing 0.76% of Drujba
Glassworks’ capital. It proposed paying 1.9 Euro per
share. In October 2016, the Greece-based glassmaker
Yioula agreed to sell its Bulgarian unit Drujba
Glassworks to BA Vidro as part of a larger divestment
plan that also includes the group’s glass container
business in Romania. Drujba Glassworks has one plant
in Sofia and one in Plovdiv.

SORG

SOUTH AMERICAN

REPRESENTATIVE HFT also provides . . .
s Procurement Services
ANNOUNCED s Construction Services

SORG is pleased to welcome s Project Management
César Rodrigues to the team.
César is the founder of the
company Vichie and will be
representing SORG and EME in
South America. His background
includes a Master’s degree in materials
science and engineering, as well as more than 15
years working in sales, distribution/resale and sales
representation of international suppliers.
César has extensive experience in Brazil and South
American countries, having taking part in several
negotiations within the glass market. These include batch Engineers and Contractors to the Glass Industry
plants, furnaces, inspection machines and goods from
initial approach, technical and commercial negotiation, 3009 Washington Road
installation/commissioning and after sales service. McMurray, PA 15317-3202 ÷ USA
International partnerships, a worldwide network, strong
relationships and development of business and customers www.hft.com
in multicultural environments are some of his comptencies
in the pursuit of high performance and continuous results
for all companies involved. In addition to Portuguese, he +1 724 941 9550
is also fluent in English and Spanish.
Fax: +1 724 941 3479

dchen@hft.com cyoest@hft.com