|Emitents||Valmieras stikla šķiedra, AS (5493006XWNR6BLL15O35)|
|Veids||2.2. Iekšējā informācija|
AS VALMIERAS STIKLA ŠĶIEDRA would like to inform you that on 9 April 2019 we commenced cooling down our experimental low-capacity glass melting furnace No. 4.0 and draining the molten glass with the aim of undertaking a ‘cold stop’.
Glass melting furnace No. 4.0 has been built for experimental purposes - melting and development of new types of glass to expand the range of saleable products. This furnace has met our expectations, as we managed to achieve the set production and output targets. A re-start in 2019 is not expected. This decision also takes into account the furnace’s technical condition as well as high operational and production costs.
The Management Board of AS VALMIERAS STIKLA ŠĶIEDRA emphasizes that the shutdown of this furnace will not have a material effect on expected operational results, as its contribution to overall capacity and output of the company was around 2% of the total.