German Investor to Build Cable Factory in Bulgaria's Pleven

Business » INDUSTRY | January 11, 2014, Saturday // 15:30| Views: | Comments: 0
  • Send to Kindle
German Investor to Build Cable Factory in Bulgaria's Pleven: German Investor to Build Cable Factory in Bulgaria's Pleven Pleven Regional Governor Iliyan Yonchev, photo

A German investor intends to build a cable factory in Bulgaria's northwestern city of Pleven.

The information was reported by the Pleven Regional Governor Iliyan Yonchev, cited by the Bulgarian news agency BTA.

Yonchev says the work group meeting about the project is scheduled for January 23. The investor has an interest in a land plot in the residential area "Storgozia," added the governor.

"That a team from Germany arrives in Pleven for talks on a specific investment project for me is proof that their intentions are very serious," Yonchev explained and reminded that the Municipal Council in Pleven has already discussed the idea and decided to support it.

The expectations are for 150 people to be employed in the first stage of the project's implementation, and 500 in the final stage.

Industry » Be a reporter: Write and send your article
Tags: German investor, cable factory, Pleven, Regional Governor Iliyan Yonchev All Are Welcome! Join Now!
Please, log in to post a comment.
» To the forumComments (0)
Bulgaria news (Sofia News Agency - is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." (Sofia News Agency - and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria