Belgium Invests €100 Million In Bulgaria
| 13 March 2008 |
The company representatives will arrive in Bulgaria early next week in order to look for a suitable investment site. They will examine around ten possible locations in 10 cities including Varna, Veliko Tarnovo, Vidin, Plovdiv, Gorna Oryahovica, and Sevlievo.
The Etex Group's first investment will be a storage facility for construction materials worth 20 million euros. At a later stage, it plans to construct a factory valued at about 100 million euros.
The Etex Group specializes in manufacturing and marketing of construction materials. It has 90 subsidiaries in 41 countries, and employs 12,500 workers.
Source: novinite.com / Balkan Insight




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