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Bulgaria
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Bulgaria’s Cheh Plast invests 1.7 mln euro in storage facilities, capacity expansion

Oct 5, 2017, 6:00:45 PMNews by : Mario Tanev
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SOFIA (Bulgaria), October 5 (SeeNews) – Bulgarian doors and windows maker Cheh Plast told SeeNews it has invested 3.4 million levs ($2.0 million/1.7 million euro) in new storage facilities and the renovation of two of its production lines.

Bulgaria’s Cheh Plast invests 1.7 mln euro in storage facilities, capacity expansion
Cheh Plast / All rights reserved.

The investment in the storage facilities, which amounted to 1.8 million levs, was covered by a bank loan as well as the company’s own funds, Cheh Plast said in a statement made available to SeeNews on Thursday.

The renovation of the company’s production lines was partially financed by EU funds under Operating Programme Innovation and Competitiveness.

Cheh Plast is based in Vratsa, in the northwest of the country.

(1 euro=1.95583 levs)

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