# Alcomet invests BGN 69 million in capacity expansion in Shumen

Alcomet received a Class A investment certificate for a project to increase production capacity and efficiency in Shumen, investing BGN 69 million and creating 100 new jobs. The project includes a new production line and press for aluminum profiles.

- Type: Expansion
- Announced: 2017-01-31
- Where: Shumen, Bulgaria
- Value: $39.0M (69.0M BGN)
- Jobs: 100
- Status: announced
- Products: aluminum profiles, aluminum rolled products, aluminum extruded products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Alcomet](https://endata.com/companies/19583.md)

## Sources

- [industryinfo.bg](https://industryinfo.bg/article/18396-alkomet-investira-69-mln-lv-v-uvelichavane-na-proizvodstveniia-si-kapacitet), 2017-01-31: "Алкомет получи сертификат за инвестиция клас А за проекта „Увеличение на производствения капацитет и повишаване на производствената ефективност“, който ще се реализира в община Шумен."

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