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Company Briefs

Mon, Jul 11 2005 02:00 CET 300 Views

Natural material plant

· SWEDISH businessman Jan Lindeberg, who owns an international chain of enterprises for natural building materials, on June 30 said that he would invest 30 million euro in the construction of a plant in Pleven's Gulyantsi municipality. The plant, which is expected to be commissioned in a year and to create 250 jobs, will cover an area of 4.5 hectares and will be located near Port Somovit on the Danube. Its goods will mostly be geared toward the European market. Production technology would be modern and devised and patented by Sweden's NPS, which is owned by Lindeberg.

 

Metal plant cuts production

· KREMIKOVTSKI metallurgical plant said it cut its output of finished steel products by 20 per cent as of July 1 due to the decreasing demand in the global market. Kremikovtsi, which is located on the outskirts of Sofia, said in a statement it would cut the monthly output of finished steel products from 100 000 to 80 000 tons. Kremikovtsi exports most of its output to the European Union, Turkey, countries of former Yugoslavia, as well as the United States and China.

 

DIY comes to Blagoevgrad

· DOVERIE Brico, Bulgaria's do-it-yourself retailer, on July 1 launched the construction of an eight-million-leva Mr. Bricolage store, the company's fifth in the country. The new store, located in Blagoevgrad, will span 6500 sq m and is expected to be opened in December. The store will create about 80 jobs. Doverie Brico plans to open another five stores in Bulgaria's largest cities by the end of 2007. It is also looking to build stores in Macedonia and Serbia. 

 

Wine maker looks to Germany

· BULGARIAN wine maker Domaine Boyar has joined with German wine and spirits company Eckes Spirituosen&Wein to launch two of its brands on the German market. Domaine Boyar hopes to market three varieties of its Domaine Boyar Private brand and two varieties of its BlueRidge brand in a three-four euro price segment. Bulgarian wines in Germany tend to occupy the 1.99-2.99 euro niche. In Poland, Domaine Boyar has teamed up with the local subsidiary of Germany's Racke.

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