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FRIGO Frigoglass SAIC News Story

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Brief: Frigoglass Says Based On 2021 Figures Russian Market Accounted For 14.5% Of The Group’s Sales

Feb 28 (Reuters) - 
    * FRIGOGLASS SAYS BASED ON 2021 UNAUDITED FIGURES THE
MARKETS OF
RUSSIA AND UKRAINE ACCOUNTED FOR 14.5% AND 2.4% OF GROUP’S SALES
    * FRIGOGLASS SAYS SUBSIDIARY IN RUSSIA ACCOUNTED FOR 20% OF
GROUP’S 2021 ASSET BASE
    * FRIGOGLASS SAYS IT PURCHASES RAW MATERIALS IN RUSSIA
REPRESENTING AROUND 23% OF TOTAL PURCHASES OF THE COMMERCIAL
REFRIGERATION SEGMENT IN 2021
    * FRIGOGLASS SAYS AS OF DEC 31 RUSSIAN SUBSIDIARY HAD GROSS
DEBT
OF EUR 34.0 MILLION


Further company coverage:  FRIr.AT 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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