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Bulgaria's Warehousing and Logistics investing 7.7 mln euro in expansion project

Dec 15, 2022, 4:25:50 PMArticle by Tanya Ivanova
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December 15 (SeeNews) - Bulgarian company Warehousing and Logistics is investing over 15 million levs ($8.17 million/7.66 million euro) in a project for expansion of a logistics base in the town of Elin Pelin, east of Sofia, the ministry of innovation said.

Bulgaria's Warehousing and Logistics investing 7.7 mln euro in expansion project
Logistics Park Sofia

After completion, the planned expansion of Logistics Park Sofia will create 15 new jobs, the ministry said in a statement on Wednesday.

In parallel, the innovation ministry will provide 2.37 million levs for the construction of infrastructure related to the project.

Warehousing and Logistics started the construction of Logistics Park Sofia in 2018. The logistics base is being built in stages. When fully completed, it will have four warehouse sections with a total area of 115,000 square metres.

Warehousing and Logistics is a wholly-owned subsidiary of local company Mania Build.

(1 euro = 1.95583 levs)

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