# Srpska Fabrika Stakla to invest €50M in new furnace, plans greenfield plant

Srpska Fabrika Stakla (SFS) Paraćin, part of Vaider Group, is investing €50 million in a new production furnace with a capacity of 270 tonnes per day, starting in spring 2024. A subsequent greenfield factory with four production lines is planned for 2026, with total investment of about €100 million.

- Type: Expansion
- Announced: 2023-12-01
- Where: Paraćin, Serbia
- Value: $54.0M (50.0M EUR)
- Starts operating: Q1 2024
- Status: under construction
- Capacity: 270 tonnes per day (furnace); 500 tonnes per day (greenfield plant)
- Products: container glass for food and beverage industry
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Srpska fabrika stakla](https://endata.com/companies/14207.md)
- [Vaider Group](https://endata.com/companies/14206.md) (partner)

## Sources

- [biznis.rs](https://biznis.rs/vesti/srbija/srpska-fabrika-stakla-i-vaider-group-predstavili-buducu-modernizaciju-proizvodnje/), 2023-12-01: "U prvoj fazi se radi o 50 miliona evra vrednoj investiciji u novu proizvodnu peć kapaciteta 270 tona/dnevno, koja će početi sa radom na proleće sledeće godine."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
