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OYSTAR Hassia India targets Rs 30-cr turnover by 2012

Indianexpress.com, May 2009

OYSTAR Hassia India, a packaging solutions company, today announced significant expansion plans to achieve a turnover of over Rs.30 crore by 2012, a jump of 100 per cent over 2008-09. Hassia Packaging is expecting to make sizeable gains in the domestic and global markets this year and the company continues to focus and invest on development of innovative packaging machinery solutions. Plans are also underway to set up satellite offices globally in conjunct with partner agencies in Africa, Far East and the Middle East. The expansion plan was outlined today at a press conference hosted by K. Ravi, managing director and CEO, Hassia Packaging Pvt. Ltd. headquartered at Sanaswadi, Pune.
Hassia Packaging Pvt. Ltd. is a fully owned subsidiary of Oystar holding GmbH, Germany. Oystar is among the top five packaging machinery builders in the world. Oystar operates over 17 manufacturing companies across the world and reported a turnover of around 500 million Euros in 2008.

Published in:
http://www.indianexpress.com/news/Hassia-targets-Rs-30-cr-turnover-by-2012/458862

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