INVESTMENT NEWS
The E.Miroglio company to invest BGN 55 Mln in Bulgaria in 2014
E.Miroglio wool factory in Bulgarian city of Sliven. Photo by emiroglio.com
The E.Miroglio company, leader on the international textile market, will invest BGN 55M in its textile factories in Bulgaria's cities of Sliven, Yambol and Svishtov in 2014, announced the Italian entrepreneur Edoardo Miroglio.
The investment will create 200 new jobs in Sliven and include renewal of machinery to increase production and expand the product range. Miroglio added that two of his business partners, companies from Australia and Italian-Swiss holding, will invest in Sliven.
In 2012-2014 E.Miroglio has increased its staff by 300 people. Currently, the three factories in Bulgaria employ a total of 2,300 people.
The Miroglio textile companies export products to 65 countries and sell to more than 6000 customers.
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