ABB Bulgaria Investing 7 Million Euro in New Production Base

ABB Bulgaria Investing 7 Million Euro in New Production Base

ABB Bulgaria, part of Zurich-headquartered power and automation company ABB, said that it is investing 7 million euro ($8.2 million) into the construction of a new production base in the town of Petrich, in southwestern Bulgaria. The production base, which will be ABB Bulgaria's fifth, will spread on 7,400 square metres, the company said in a statement on Wednesday. The base, to be situated next to the first production unit of ABB in Petrich, will include 3,500 sq m of production facilities for low-voltage equipment, 2,400 sq m of logistics facilities and an office section of 1,500 sq m. The greenfield investment will create 420 jobs when fully operational.ABB Bulgaria currently operates four production bases and a turbocharger service centre. It employs over 2,500 people in the country. ABB’s first production unit in Petrich was built in 1996 on a total area of 5,000 sq.m. It produces low-voltage control products and DIN rail mounted products. Customers of the unit are ABB companies from Germany and Switzerland.($ = 0.8499 euro)

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.