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Bulgaria's Ecobulpack To Invest 5.1 Mln Euro in Waste Treatment Facilities in 2009

Dec 3, 2008, 7:04:04 PMArticle by Radomir Ralev
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December 3 (SeeNews) - Bulgarian commercial packaging recovery association Ecobulpack said on Wednesday it plans to invest a total 10 million levs ($6.49 million/5.11 million euro) in waste treatment facilities in 2009.

Bulgaria's Ecobulpack To Invest 5.1 Mln Euro in Waste Treatment Facilities in 2009

Six million levs of the total investment will go for the construction of plants in Yambol and Plovdiv, both in southern Bulgaria, and in the northern Bulgarian city of Targovishte, Ecobulpack executive director, Georgi Tabakov, told Seenews.

Earlier this year the company opened waste separation units in the capital Sofia, in the Danube port city of Ruse and in Pazardzhik, in southern Bulgaria, and a waste recycling unit in Sofia.

Ecobulpack services 80 Bulgarian municipalities with a combined population of two million. The company, which launched operations in 2004 has so far invested 35 million levs in waste separation facilities.

A total 110 companies are shareholders in Ecobulpack which has a capital of 487,800 levs.

(1 euro = 1.9565 Bulgarian levs)

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