MEDAL GLASS Ltd, daughter company of the German group Medal Holding GmbH, is going to launch one of the most ambitious investment projects in subzone 3 by building and equipping a factory for the production and processing of flat glass using HORN® Corporation technology.
The Medal Group (formerly Kurt Wiegand Gruppe) has a history of more than 50 years. The founder of the Group, Dr. Kurt Wiegand, founded the family company Kurt Wiegand GmbH in 1971. Within 3 decades, the company has become a serious player on the real estate market in Frankfurt am Main and the entire German state of Hesse.
The company’s history includes hundreds of successful projects in the field of real estate development, construction and management. A separate field of the group is the hotel business.
Major projects include the launch and management of dozens of hotels from Sheraton, Hilton, Marriott, Intercontinental, B&B, NH and many others. The investment in the future plant for the production of glass films is estimated at €160 million and the potential production capacity is expected to be around 600 tones of finished product per day.