13 May 1999: Glass fabric manufacturer CS Interglas AG of Germany has fallen deep into the red as a result of the price war on the market. In the first nine months of the 1998/1999 financial year (30 …
13 May 1999: Glass fabric manufacturer CS Interglas AG of Germany has fallen deep into the red as a result of the price war on the market. In the first nine months of the 1998/1999 financial year (30 June), group losses were DM 10.9 million, compared with a profit of DM 8.5 million for the corresponding period last year. Turnover declined by 14.6% to DM 175 million.