July 20 (SeeNews) - Bulgarian packagings producer Intrama, part of Germany-based Intrama Services, said it has invested 7.2 million levs ($4.2 million/3.7 million euro) in packaging equipment.
"The new capacities are installed in a completely new production base covering 7,192 sq m," Alexander Bozhilov, managing owner of Intrama said in a statement on Wednesday.
The purchase of equipment represents the first stage in the implementation of the company's investment plan, according to the statement. The second stage includes construction of an office building with a floor area of more than 6,000 sq m.
The company said last week it opened a newly-built factory for flexible packaging films in the city of Plovdiv. Total investment in the construction of the factory is 20 million levs. The investment has created over 100 jobs.
(1 euro = 1.95583 levs)