Bulgaria's Technooptic to invest 1 mln euro in new production site

The site will consist of offices, a measuring laboratory and service facilities, expanding the company's activities and production capacity, the innovation ministry said in a press release.

Technooptic also plans to purchase new machinery to automate production and enhance the components it makes, it said.

Sofia-based Technooptic was founded in 2009, commercial register data show. It specialises in the production of highly-precise spherical, cylindrical and flat optical components and mechanical elements for optical systems.

(1 euro = 1.95583 levs)