Following the ownership restructuring carried out in the spring, Finnglass Oy has secured financing for the first phase of the largest investment project in its history. The first phase of the investment amounts to approximately €6 million, with the project’s total value estimated at a minimum of €12 million. The timing of the project’s subsequent phases will be announced later.

The first phase of the investment focuses on increasing the company’s production capacity, which has become a bottleneck for its growth objectives. Upgrading the machinery will also better support the company’s technological development amidst growing market demand for glass solutions within the defense industry. The company currently supplies bullet-resistant and laser-protective glass and is continuously developing new solutions to meet the demands of challenging operating environments.

Read more about the investment project (in Finnish):
Kauppalehti: https://www.kauppalehti.fi/uutiset/a/77f4aa53-604c-47e0-becf-0395821de437
Yle: https://yle.fi/a/74-20243046?origin=rss