Etem Bulgaria and Gestamp receive approval for €30M joint venture investment in Bulgaria

Etem Bulgaria and Gestamp North Europe Services have received regulatory approval to create two new joint ventures in Bulgaria, with a €30 million investment program over three years for a new extrusion press and equipment for aluminum profile processing.

“The investment program over the next three years envisages the realization of approximately € 30 million for the installation of a new extrusion press and equipment for additional processing of aluminum profiles in Bulgaria.”novinite.com

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• novinite.com€ 30 Million Investment in the Automotive Industry in Bulgaria has Received Regulatory Approval - Novinite.com - Sofia News AgencyM3 WebMay 3, 2019

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