BA Glass is set to close its Greek container glass manufacturing facility in Egaleo.

It cited a drop in global demand for its glass packaging products.

"Despite efforts to adapt to these challenges, the persistent lack of demand combined with ever-increasing storage costs and limited storage availability have unfortunately led to the decision to cease production at the company's plant," the statement said.

Approximately 120 people are employed at the site, which was founded in 1947 as Yioula Glassworks.