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Pegas Nonwovens to float subsidiary in South Africa

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PEGAS NONWOVENS’ board of directors has decided to float a subsidiary in South African Republic and opened talks about the acquisition of a lot for potential production in the country. General director František Řezáč has stated that the floating of the subsidiary marks the beginning of a project that will climax with the building of another production plant outside the Czech Republic. The firm is considering installing a line based on the COMPACT concept in SAR.

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