The company received an investment certificate
A division of the Turkish giant Sarkuysan will invest in a new plant for the production of electric cables in Bulgaria. The company received a Class "A" investment certificate from the Minister of Economy Emil Karanikolov.
SARK Bulgaria will invest BGN 17 million in a factory near Shumen, opening 40 new jobs. The factory will produce electric cables, mainly for the automotive industry, as well as special wires that are widely used in the aviation and defense industries. The factory, which is planned to be built in the industrial zone of Shumen, will have a total area of 69 000 sq.m. and will be equipped with environmentally friendly modern machines, fully in line with the modern technical requirements.
The production and administrative buildings will occupy about 7400 sq.m. The plant is expected to start work in around five years.