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Bulgaria's Kamenitza breaks ground for 2 mln euro construction project

Sep 19, 2017, 3:23:07 PMArticle by Mario Tanev
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September 19 (SeeNews) - Bulgarian brewer Kamenitza, part of U.S.-based Molson Coors Brewing Company, broke ground for a 2 million euro ($2.4 million) multi-functional complex in Plovdiv on Tuesday, the economy ministry said.

Bulgaria's Kamenitza breaks ground for 2 mln euro construction project
Author: Ministry of Economy / License: All rights reserved.

The investment in the Kamenitza Brewery project will create 50 new jobs, the ministry said in a statement.

Last month, Kamenitza sold 30,500 sq m of land in the central part of Plovdiv, Bulgaria's second largest city, to two local companies which plan to develop a mixed-use project there. The plot of land used to be the site of a Kamenitza brewery.

Kamenitza retained ownership of an adjacent 3,500 sq m plot of land on which it will develop the multi-functional complex that will include a craft beer microbrewery and a museum, and is expected to be completed in 2018.

($ = 0.8343 euro)

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