# Palfinger expands crane plant in Cherven Bryag, Bulgaria with €7M investment

Austrian crane manufacturer Palfinger increased production capacity by 30% and opened 100 new jobs at its factory in Cherven Bryag, Bulgaria. The project cost around 7 million euro and closes the production cycle of loading cranes.

- Type: Expansion
- Announced: 2017-09-18
- Where: Cherven Bryag, Bulgaria
- Value: $8.40M (7.00M EUR)
- Jobs: 100
- Status: completed
- Capacity: 30% increase in production capacity
- Products: loading cranes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Palfinger](https://endata.com/companies/17648.md)

## Sources

- [balkanengineer.com](https://balkanengineer.com/news/cranes-manufacturer-revealed-100-new-jobs-plant-bulgaria), 2017-09-18: "The Austrian crane and lifting equipment manufacturer Palfinger increased its production capacity by 30% and opened 100 new jobs at its factory in the Bulgarian town of Cherven Bryag."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.