The Executive Director of IBA Mila Nenova was a special guest at the launch ceremony of a priority investment project of the company for aluminum rolling and pressing products “Alcomet” in Shumen. The company’s investment is over EUR 136 million. Lv. and it is planned to create 160 new jobs.
Following a Decision of the Council of Ministers, the company received a certificate for the priority investment project “Expansion of the product mix through the installation of a continuous casting line, profile production lines, universal foil loom” under the Investment Promotion Act (IPA). This is a key moment for the development of the industry in the region, as the new line for continuous casting and profile production will increase the competitiveness of Alcomet on the international market.
The event was attended by President Rumen Radev, the Ambassador of Turkey to Bulgaria, Deputy Minister of Innovation and Growth Krasimir Yakimov, the Mayor of Shumen, the owner of Alcomet AD Fikret Ince, MPs, mayors from the region, many guests.
IBA continues to work actively to attract investments and create a favorable environment for business in the country.




