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CORADO Bulgaria invests BGN 25 million

August 4, 2014

 

The factory for radiators and heating CORADO Bulgaria will invest BGN 25 million in its manufacturing base in Strazhitsa. The company aims to increase its product range and thus to strengthen its leading position in the country and abroad. The Executive Director engineer Irji Rzheznichek revealed that part of the facilities will work this year.

 

"From the beginning of the year we have started the installation of the second modern line that is fully automated and is over three generations from the existing. This will expand the production capacities. The first investment amounts to about 3 million euro. Production will begin at the end of the year and the capacity is about 650 000 units per year", revealed for “Pressadaily” Mr. Rzheznichek.

 

Source: http://pressadaily.bg/

Photo: Hristo Pavlov