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Belgian Firm To Invest 120m Euro In Bulgaria Report

Belgian company Etex Group plans to invest more than 120 million euro in Bulgaria, Pari daily reported on March 17.

Initially, the firm will pour 20 million euro in developing a large warehouse for building materials and the next phase envisages the construction of a 100 million euro plant.

This week, the company representatives will be hunting for large plots of at least 15 ha in several Bulgarian towns – Sevlievo, Varna, Rousse, veliko Turnovo, Plovdiv and Assenovgrad, the daily claimed.