Bulgarian company DE 5 STUDIO OOD, official and exclusive representative of the international furniture brand Kave Home, is starting construction of a new warehouse facility in Sofia-Bozhurishte Industrial Park. This became clear after the signing of a contract under which the National Company Industrial Zones (NCIZ) sold a 16,268 sq. m. plot to the investor.
The project is worth BGN 8,100,000 and is being implemented with a Class A investment certificate under the Investment Promotion Act (IPA).
The new logistics base will serve the growing sales volumes and expanding commercial network of Kave Home, a brand present in over 80 countries with more than 100 stores. In Bulgaria the company has a showroom on Vitosha Blvd in Sofia. The investment will enable the creation of four new jobs.
The warehouse will be used for the storage and logistics processing of the company's own goods – home and office furniture. The investment will be made in accordance with the requirements of the Bulgarian Customs Agency and the Bulgarian Food Safety Agency.
The project of DE 5 STUDIO Ltd. confirms the leading role of Sofia Bozhurishte Industrial Park as a preferred destination for strategic investments. We are pleased to support companies that combine international partnerships with local added value, said Angel Tanev, Executive Director of NCIZ.
IP Sofia-Bozhurishte has established itself as one of the most dynamically developing industrial zones in the country - a priority project of the NCIZ with an area of over 3 million square meters, where 43 investors from the sectors automotive, high technology, logistics, manufacturing, etc., are already operating. The Park has a complete engineering infrastructure - power and water supply, sewerage, gasification, and optical network.