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Bulgaria's Tesy inaugurates 3.6 mln euro logistics centre

Bulgaria's Tesy inaugurates 3.6 mln euro logistics centre Photo: TESY/ All rights reserved.

SOFIA (Bulgaria), September 18 (SeeNews) - Bulgarian household electric heating appliances manufacturer Tesy said on Wednesday that it has officially opened a new logistics centre - a project worth 7 million levs ($3.9 million/ 3.6 million euro).

The facility which started operations last month, spreads on an area 4,500 sq m in Shumen, in northeastern Bulgaria, Tesy said in a statement. 

It provides 8,000 new pallet spaces and will help double the loading capacity in logistics operations,

Tesy, established in 1993, is part of Sofia-headquartered home and personal care products manufacturer Ficosota Holding. The holding company has over 850 employees in several European countries as well as four manufacturing plants in Shumen and Smyadovo. Tesy sells its products on more than 50 markets worldwide.

(1 euro = 1.95583 levs)