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Sark Bulgaria to invest 3.3 mln euro in new copper wires plant - econ min

Sark Bulgaria to invest 3.3 mln euro in new copper wires plant - econ min Author: EBRD / All rights reserved.

SOFIA (Bulgaria), November 1 (SeeNews) - Copper products manufacturer Sark Bulgaria, a unit of Turkey's Sarkuysan, will invest 6.5 million levs ($3.8 million/3.3 million euro) in the construction of a copper wires plant in the city of Shumen, in the northeastern part of the country, the economy ministry said.

The investment will create 15 new jobs, the economy ministry said in a statement last week.

Sark Bulgaria is specialised in the production of electrolyte copper and wires, as well as of all kinds of machines, equipment and tools for metals processing, according to commercial register data.

Turkey's Sarkuysan is active in the manufacturing of electrolytic copper products, copper tubes, copper bus bars and enamelled winding wires.

(1 euro = 1.95583 levs)

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