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Devnya Cement AD with the Class A Investment Certificate

April 10, 2012

Prime Minister Boyko Borisov, the Minister of Economy, Energy and Tourism, Delian Dobrev and the Minister of Regional Development Liliana Pavlova attended the official launching ceremony for the construction of the new production line for clinker and cement of "Devnya Cement "AD held on 10.04.2012. The official Groundbreaking ceremony was opened by Mr. Fabrizio Donega, Dep. General Manager Ciments Français – Italcementi Group and Mr. Nabil Francis, Managing Director of Devnya Cement AD and Vulkan Cement AD with a warm welcome to all officials and guests and a big expression of gratitude for all of the support received from the Bulgarian Government. Minister Dobrev addressed the audience with a short speech on the importance of the company’s committed investment of 160 Million Euro for the construction of the new line in terms of regional economic development.



During the ceremony, the Prime-Minister expressed his interest in the project and wished the company the best of luck in the next 2 years – during the construction period of the new cement production line. Prime Minister Borisov then proceeded to award the Class A Investment Certificate to Mr. Donega and to Mr. Francis before performing the official groundbreaking. In attendance were also the District Governor of Varna Mr. Dancho Simeonov, the Mayor of Varna Mr. Kiril Yordanov as well as the Mayor of Devnya Mr. Atanas Kuzev.

The event concluded with a visit of the Control Room of the plant by Minister Dobrev, followed by a short presentation of the new line project.