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Osram invests 25.6 mln euro in its first factory in Bulgaria

Osram invests 25.6 mln euro in its first factory in Bulgaria Author: Osram Licence: All Rights Reserved

SOFIA (Bulgaria), October 10 (SeeNews) – Germany's lighting devices manufacturer Osram said on Tuesday it has invested 50 million levs ($30.1 million/25.6 million euro) in its first factory in Bulgaria.

The factory, located near Bulgaria’s second largest city of Plovdiv, will be officially opened on October 19, Osram said in a statement.

The new production facility will create over 900 jobs.

Munich-based Osram offers innovative and sustainable lighting solutions. The company’s product portfolio ranges from modules, LED lamps and luminaires to light management systems and smart lighting products.

(1 euro=1.95583 levs)

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