Bulgaria Elevator Company Invests BGN 5 M in New Factory

Business | April 12, 2008, Saturday // 00:00| Views: | Comments: 0

The Bulgarian company Technos Ltd is starting the construction of a new factory for BGN 5 M in the village of Novo Selo, close to the city of Veliko Turnovo in the central part of the country.

Technos has recently bought a large plot in Novo Selo. It plans to employ about 200 local people in the new factory, which will make it one of the major employers in the region.

The Sofia company Technos Ltd produces electrically and hydraulically propelled elevators, computer-guided elevators, and other types of elevating gear.

It is a leader at Bulgaria's domestic market, and a large share of its production is exported to countries like Austria, Albania, Ukraine, and Germany.
Business » Be a reporter: Write and send your article
Expats.bg All Are Welcome! Join Now!
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) 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." Novinite.com (Sofia News Agency - www.sofianewsagency.com) 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