Second Hi-tech manufacturing plant to be built in Zagore Industrial Zone-Elenino

Investment exceeding BGN 150 mln and opening of 200 new jobs are foreseen

 

"Industrial Zone Zagore AD signed a preliminary contract with a new investor. The company has registered an investment intention for the construction of a high-tech plant.

 

The enterprise will be built near the village of. Elenino within the Stara Zagora region and is part of the second stage of the Industrial Zone Zagore-Elenino. The investors in the zone are NCIZ and the municipality of Stara Zagora.

 

The investment is worth more than BGN 150 million and is expected to create more than 200 new jobs, which will create conditions for increasing economic activity and development, as well as for improving the quality of life in the region.

 

The Executive Director of "Industrial Zone Zagore AD Radoslav Tanev and the Deputy Mayor of Stara Zagora Radostin Tanev met the representatives of the new investor – the overall objective being to improve the standard and quality of life of the citizens of the municipality, as well as to contribute to the improvement of human settlements and educational services through innovation.

 

Together with the state and the municipality, the industrial zone in Stara Zagora is about to successfully implement the second stage of its development. By following sustainable policies at national and local level in order to provide conditions, tools and opportunities to promote investment, the development of Zagore Industrial Zone aims to boost economic growth in Stara Zagora region, to expand its export capacity by creating favourable conditions for investment as well as by opening of new work places.

 

This is the second investment in Zagore Industrial Zone – Elenino, which shareholders are NCIZ EAD and the municipality of Stara Zagora, after the one in August for BGN 240 million in a new plant for the production of solar panels.