KROSGLASS S.A.

Krosglass produces glass fibre from glass type E (boro-alumino-silicate) in the form of glass fibre chopped strand mats, roving, chopped strands and textured roving, glass yarn and woven roving fabrics. It has a wide range of application in a number of industries, mainly shipping, motor vehicle and construction. Growing popularity of glass fibre is attributable to a rising number of manufacturers that substitute steel elements with lighter and non-corrosive glass fibre.Apart from semi-products, the plant has recently launched production of a wide range of finished products. Krosglass opened a Processing Plant that allows the Company to test and experiment on manufactured semi-products and has a sales diversification effect. The plant manufactures washing baskets found on most gas stations, snow shovels, bars, elements for buses, paddling pool, slides for children, etc.Excellent product quality is verified by opinions of our numerous domestic and foreign customers. Over 30% of the Company products are exported to England, France, Germany, Belgium, Spain, Italy, Russia, Ukraine, United Arab Emirates, even Australia and New Zealand. Recently the company identified a major opportunity of exports to post-Soviet states. The Commercial Department established a separate unit responsible for contacts with the East

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