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Deputy Minister of Economy Lyuben Petrov made a symbolic first sod of Swiss factory in Montana

February 19, 2016


"We stand behind every investor who wants to develop business in the Northwestern Bulgaria and will assist in developing a successful business". This was stated by Lyuben Petrov, Deputy Minister of Economy, during the first sod of the plant of the Swiss company "Palemontech" Ltd. in Montana.

At the first sod ceremony attended the Executive Director of InvestBulgaria Agency Stamen Yanev, the Mayor of Montana Zlatko Zhivkov, representatives of the Embassy of Switzerland in Sofia, Bulgarian and Swiss business.

"Palemontech" Ltd. is a Swiss owned and supplies the Swiss firm Max Urech Lager-und Fördertechnik. The company specializes in manufacturing of metal pallet boxes and grid boxes. The production base will be with an initial area of over 5600 square meters. The amount of the investment is BGN 6 million and is expected through it to be opened nearly 100 jobs on working conditions in line with the highest international standards.