April 21 (SeeNews) - Bulgarian company Mareli Systems will invest almost 5.1 million levs ($2.8 million/2.6 million euro) in a project for expansion of its stove manufacturing capacity and adding air-to-water heat pumps and convectors to its portfolio, the innovations ministry said on Thursday.
This project, to be implemented in the southwestern town of Simitli, is expected to open 115 new jobs at the company, the innovations ministry said in a statement.
Mareli Systems has a complete range of high-performance eco-friendly products - pellet stoves, pellet boilers, and pellet burners, according to information published on the company's website.
(1 euro = 1.95583 levs)