# Sarkuysan to build BGN 17M electric cable plant in Shumen

Sark Bulgaria, a division of Turkish company Sarkuysan, will invest BGN 17 million in a new electric cable factory near Shumen, Bulgaria. The plant will produce cables for the automotive, aviation and defense industries, creating 40 new jobs.

- Type: New facility
- Announced: 2018-09-26
- Where: Shumen, Bulgaria
- Value: $10.0M (17.0M BGN)
- Jobs: 40
- Starts operating: 2023
- Status: announced
- Capacity: 69,000 sq m total area, 7,400 sq m buildings
- Products: electric cables, special wires for aviation and defense
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Sarkuysan](https://endata.com/companies/34546.md)
- [Sark Bulgaria](https://endata.com/companies/34547.md)

## Sources

- [infobusiness.bcci.bg](https://www.infobusiness.bcci.bg/invest-28-9-18111.html), 2018-09-26: "The company received a Class 'A' investment certificate from the Minister of Economy Emil Karanikolov."

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