Energoremont Galabovo invests €1.5m to expand Bulgarian operations

Energoremont Galabovo is planning to invest around €1.5m to increase its Bulgarian operations. By the end of June, the company intends to open new 2,500 sqm manufacturing and assembly hall. The site will produce membrane panels, compounds for waste burning as well as parts used in furnaces, boilers and thermoelectric power producers. With this investment, Energoremont Galabovo expects to increase its revenue by 30 to 40 percent. The Metlik JSC-owned company produces and repairs furnace equipment used in the energy business. It was founded in 1969 and privatized in 2000.