The Executive Director of the Bulgarian Investment Agency (BAI), Ms. Mila Nenova, presented a Class A Investment Certificate to ESCATEC Bulgaria Ltd.

The certified investment project envisages the modernization of current production and the expansion of manufacturing capacity in order to better meet the growing demand and to broaden the company’s client portfolio. The investment will enable ESCATEC Bulgaria to respond to dynamic market needs and strengthen its positions both domestically and internationally.

The project will also make a significant contribution to local employment, with 110 new jobs expected to be created.

Obtaining a Class A Investment Certificate allows the investor to benefit from a range of incentives under the Investment Promotion Act.