PRESS INFO, May 29, 2014

Glass packaging manufacturer YIOULA has unveiled a new advanced furnace in STIROM SA, inaugurated by the Romanian Prime Minister Victor Ponta.

Inaugurated by the Romanian Prime Minister Victor Ponta on 29th May 2014 at STIROM SA (Bucharest) a member of the YIOULA Group, the new furnace is considered as one of the most technologically advanced in Europe with the aim to drive the company’s sustainability objectives, i.e. to reduce energy usage, reduce CO2 emissions and increase efficiency.

The investment at STIROM is worth 38 million Euros when fully completed in March 2015, and a major part is financially supported by 40% by the Romanian state and the European Union.

“I want to thank the owners, first and foremost for having over 400 employees and anyone who creates a job in Romania and in Europe is a partner of the government in that country. Nothing is more important now in Romania and in Europe than job creation, job keeping and their stability “, said PM Victor Ponta at his speech during the inauguration ceremony at STIROM.

“We are proud for this new furnace that adds to the inherent sustainability of glass packaging and also by the fact that Romania has contributed to the new standards in sustainability and energy efficiency,” says Mr Anastasios Voulgarakis from Yioula Group.


About YIOULA Glassworks

YIOULA glass containers - for soft drinks, juices, beer, wines, spirits, mineral water, food and pharmaceuticals - deliver many of the world's best-known products to people in almost 30 countries, while its glass tableware products are present in millions of households and catering establishments across Europe. With a leading position in S.E.Europe, YIOULA Glassworks Group manufactures consumer-preferred, 100 percent recyclable glass containers that enable superior taste, purity, safety, hygiene, visual appeal and value benefits. Established in 1947, the company employs nearly 2,500 people with 7 manufacturing facilities in Greece, Bulgaria, Romania and Ukraine. In 2013, net sales were 225 million euro, while production exceeded 2 billion pieces.

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