Hng Sells German Subsidiary To Eu Buyer

Hindusthan National Glass has found a buyer for its HNG Global plant in Gardelegen, Germany. The Indian company sold the plant for 23M/Euros. The subsidiary was sold to BA Vidro. HNG Global contributed 12% to the total consolidated revenue of HNG for the financial year ended 31 March 2016. Despite this, in September 2015, HNG said it planned to sell the loss-making subsidiary.

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Un-named
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Journal Title
Glass Int July/Aug 2016 4
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News Items
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N 3663

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Hng Sells German Subsidiary To Eu Buyer
Glass Int July/Aug 2016 4
N 3663
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