Glass manufacturer Verallia plans to invest €26 million on developing its facilities in Spain and Portugal during 2016.

The company begun a new stage of development in 2015 after it separated itself from Saint-Gobain and started functioning independently.

Following that move, Verallia now plans to stay at the top of the Iberian market for glass packaging with the modernisation of its factories in Azuqueca de Henares (Guadalajara) and Zaragoza.

Last year, global sales at the firm reached €2.4 billion, with 16,000 million bottles and jars produced worldwide. In 2015, the company invested €40 million on its Iberian Peninsula facilities.

Paulo Pinto, Director General of Verallia Spain and Portugal, said: “Our priority for 2016 is to achieve operational excellence, in order to offer the highest level of quality and service to our customers.”