The complete reconstruction of the plant "Devnia cement" (part of "Italcementi Group Bulgaria"), which began in the summer of 2012, should be completed by the end of September. The commissioning of the new production line, which is in fact a new plant for cement and clinker, could be completed three months before the previously announced deadline.
According to the company "Devnia cement", the owner of the plant in Devnya, the investment will probably exceed 160 million euros and will be one of the biggest made in Bulgaria in the past 20 years. The expected annual capacity of the new line will reach 1.5 million tons of cement, which will make it the biggest, which "Italcementi Group" has in Europe.
According to the Ministry of Economy and Energy during the construction of the new plant were created about 1000 jobs. Until now, the Italian company has invested in its two plants in Bulgaria - "Vulcan" in Dimitrovgrad and "Devnia cement" over 400 million leva, which makes it one of the biggest investors in the country.
Source : capital
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