Bulgaria's Harmonee 2012 investing 23.3 mln euro in zinc smelter

Bulgaria's Harmonee 2012 investing 23.3 mln euro in zinc smelter

Bulgarian zinc producer Harmonee 2012 is investing 45.6 million levs ($27.4 million/23.3 million euro) in a zinc smelter in the town of Kardzhali, the economy ministry said on Tuesday. The investment will create 54 jobs, the economy ministry said in a statement upon awarding the company a Class A investment certificate for the project. Holders of Class A investment certificates in Bulgaria benefit from shorter terms for administrative services and financial aid for construction of infrastructure elements. Harmonee 2012 acquired the assets of the former lead-zinc smelter OTZK in Kardzhali in 2012-2013 and committed to modernize its zinc production facilities.

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