Bulgaria's Warehousing and Logistics investing 7.8 mln euro in logistics base

December 5 (SeeNews) - Bulgaria's Warehousing and Logistics is investing 15.3 million levs ($8.9 million/7.8 million euro) in the construction of a new logistics base in the town of Elin Pelin, east of Sofia, the economy ministry said on Wednesday.

The investment will create 41 jobs, Bulgaria's ministry of economy said in a statement.

The ministry did not provide further details.

Warehousing and Logistics is a wholly-owned subsidiary of local Mania Build. Mania Build is owned by private investors Anatoliy Lazarov and Vladimir Lazarov, who hold stakes of 50% each.

(1 euro = 1.95583 levs)