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"GroGlass" thin film glass coating factory

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Congratulation, collegues!

May 19, 2008

The following is a press release from the company "GroGlass":

SIA GroGlass opens a unique hi-tech factory at Katlakalna Street 4B in Riga today, May 19, 2008. The factory will manufacture large area optical vacuum coatings on glass substrate. The investment for the factory and equipment amounts to LVL 20 million overall. Because of major demand in the greenhouse market in the Netherlands, the worldwide demand for Solar Panels and a steady worldwide demand for high-end picture framing glass, the company forecasts turnover of LVL 10 million in year 2009.

Alexander Kelberg, SIA GroGlass Chairman of the Board: “Our glass coating factory is illustrious example successful co-operation between science and business in Latvia. We have established a manufacturing process designed and implemented by Latvian company Sidrabe and co-operate tightly with Institute of Solid State Physics University of Latvia. This enables us to deliver innovative products with a high level of added value for exports.”

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