Saint-Gobain Wants To Put Calarasi Glass On Dubai And Tokyo Skyscrapers

05.23.2011 ZF English

Saint-Gobain Glass Romania, a subsidiary of France's Saint-Gobain group, plans to turn the glass plant of Calarasi, in which it has invested some EUR170 million so far, into a global production center, which should provide glass facades for office towers of Dubai or Tokyo, cities where some of the world's most spectacular real estate projects are carried out.

"I am confident that in the quite near future, glass produced in Calarasi will be admired on buildings of Dubai, Tokyo, Moscow or any place in the world. By developing the industrial site of Calarasi as a major production center of Gobain Glass we are targeting the global market of high added-value special glass," stated Ovidiu Pascutiu, general manager of Saint-Gobain Glass Romania.

The company last year reached turnover worth around EUR65 million, up 29% year-on-year on rising exports.

For 2011, it budgeted a further 10% growth, mainly based on higher sales of high added-value special glass. Hitting the target would drive the company's turnover to almost EUR72 million, similar with the level of 2008, seen as the best year for the real estate market.

In 2010, the company exported around 60% of the local production.