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.
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