# IPS to build EUR 36M plant in Kardzhali, Bulgaria

International Power Supply (IPS) is starting construction of a factory in Kardzhali, Bulgaria, worth EUR 36 million, to produce smart power supply systems. The plant will employ 600 people and be energy self-sufficient.

- Type: New facility
- Announced: 2017-01-18
- Where: Kardzhali, Bulgaria
- Value: $38.3M (36.0M EUR)
- Jobs: 600
- Status: announced
- Products: smart power supply systems, Exeron modular power system
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [International Power Supply](https://endata.com/companies/21524.md)

## Sources

- [dimitrovgrad.bgvesti.net](https://www.dimitrovgrad.bgvesti.net/news/415706/nov-zavod-krai-arda-600-dushi-shche-proizvezhdat-umni-zakhranvashchi-sistemi-ips), 2017-01-18: "Заради гигантската поръчка IPS започва да строи предприятие за 36 млн. лв. в Кърджали"

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