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Ruse Machine Manufacturer Becomes First Class Investor
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The Ruse manufacturer of welded units, loading and construction machines "Sparkly" received Thursday a "first class investor" certificate for its project to expand production activities evaluated at BGN 50 M.
The investment is going to be gradually made over the next three years and the expansion is going to create 220 new job opportunities.
The investment is mostly in high-end technology and the new production would be mainly for export.
Currently the company has a monthly export valued at EUR 2 M. "Sparky" also makes limited quantities of farming machinery and parts for electric trucks for the domestic market.
The new investment further includes moving production that could potentially pollute the environment away from the city's downtown.
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