Most Sofia bourse indices fall, Fibank paces blue-chip losers
UPDATE 1 - Bulgarian regulator okays 6.5% hike in Dec natgas price
Zarneni Hrani Bulgaria boosts 9-mo cons net profit, revenue falls
Fitch reaffirms Euroins Insurance Group at B+, outlook stable
Croatia's competition watchdog opens probe into Cakovecki Mlinovi, Tvornica Stocne Hrane
Nov 28, 2017 18:06 EEST
SOFIA (Bulgaria), November 28 (SeeNews) – Bulgaria-registered LS Tubes intends to invest 10.8 million levs ($6.6 million/5.5 million euro) in machines and equipment for a factory for extrusion of flexible plastic tubes in the city of Gabrovo, the government said on Tuesday.
The company intends to acquire and install two production lines – one in 2017 and the second one in 2018, the government said in a statement.
The factory’s annual capacity is projected at 21.5 million extruded plastic tubes.
The investment is expected to create 68 jobs.
(1 euro = 1.95583 levs)
You have run out of free articles this month.
Sign up in for
and get ten (10) free articles per month or sign up for
and get unlimited access.
Browse our free newsletter options