ABB builds new factory in Bulgaria
ABB has started the construction of its new facility in the Rakovski Industrial Zone near Plovdiv, Bulgaria.
The factory will produce low voltage automation and power products. The company will invest around €12,6 million in this new facility, which will be operational in Q1/09 and employ around 500 people. However, the facility will solely produce for the export market. ABB's new factory is said to be part of an offset program.
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This article has been edited and published by Evertiq New Media AB. Copying or re-publishing of this news item without permission from Evertiq New Media AB may lead to prosecution. The same applies for the headline.
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