Knauf to Open Plaster Plant in Bulgaria
The Bulgarian subsidiary of Knauf has been granted “Class A” investor status by the Bulgarian government for its investment into a new factory.
Knauf Bulgaria EOOD is expanding its manufacturing in Bulgaria with the opening of a third plant, an investment worth EUR 16 million set to create 30 new jobs.
The Class A investor status provides certain benefits for the respective investor on part of the Bulgarian government.
Knauf’s new Bulgarian plant will be producing gypsum plasters some of which will be unique for all of Europe; it will be located in the village of Mednikarovo, Galabovo Municipality, near Bulgaria’s thermal power plant complex Maritsa East.