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Bulgaria’s Memtex investing in new production base for autogas system parts

SOFIA (Bulgaria), December 5 (Ministry of Economy) – Bulgaria’s Memtex is investing 750,000 levs ($435,000/383,000 euro) in the construction of a new production base for components and spare parts for autogas systems at Bozhurishte Economic Zone, near Sofia, the economy ministry said on Wednesday.

The investment will create 10 jobs, Bulgaria’s ministry of economy said in a statement.

The ministry did not provide further details.

According to commercial register data, Memtex is fully owned by private investor Chavdar Yordanov.

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