Building materials maker Masterplast has scrapped plans for a stone wool plant and will continue to focus on glass wool production, following a review of its insulation materials portfolio, the company said in an announcement posted on the website of the Budapest Stock Exchange. "The board of directors decided that the strategic focus will continue […]
As a result of the significant decline in the construction market and lower demand, the building insulation materials firm Masterplasts's revenue decreased by 27% compared to base in the first quarter. According to the company report published on the website of the Budapest Stock Exchange, in the sharply competitive market, Materplast was only able sell […]
