Alcopop

Losses force Frigoglass to close Turkish unit

Greek refrigerator maker Frigoglass reported a 32 percent deeper third-quarter loss on Monday, hurt by higher taxes and lower spending from brewers in Russia.

The company, which sells coolers to beverage companies including Coca-Cola HBC and brewers in Europe, said its third-quarter net loss widened to 10.8 million euros from 8.2 million euros in the same period last year.