Producers of vet products Biovet will invest 2 million euro in new capacities with which it will enrich the products it offers. Construction will begin right after permission is granted by Regional Environmental Inspection and will last eight months. Together with investment in Peshtera’s production, 20 new people will be employed. Two new facilities for pelleting of feed additives and pharmaceutical products will be installed in the factory as well.
More than 90% of Biovet’s products are exported abroad. Nearly half of its products are sold in the EU, while 22% in South American countries. Almost 9% of the exported products are destined to North America, while those for Asia are 6%. The remaining volumes are realized in Central and Eastern Europe and other regions.