Moldova’s Glass Container Company (GCC) is to upgrade its facilities in a €17 million project. In a two-stage project, the Chisnau-based group will increase output of its furnace from 50 to 80,000 tonnes a year. With its sister-organisation Glass Container Prim (GCP) total pull capacity will increase from the current 100 thousand tons, to 160 thousand tons per year, with the number of production sections increasing from 36 to 56. The reconstruction will support GCC's transition to NNPB technology, as well as includes single, double and triple gob functionality. This will enable GCC to expand their segment capabilities to small format jars, large containers, light beer bottles, as well as tap high-growth market niches including mineral water and baby food, among others. The €17 million project is co-financed by the European Bank of Reconstruction and Development (EBRD) and Mobiabanca - Groupe Société Générale, as part of the European Investment Bank's Filière du Vin project, which jointly committed €12.5 million in loans. The financing is supported by a guarantee and technical assistance programme funded by the European Union.
