# Huvepharma opens €150M fermentation plant in Peshtera, Bulgaria

Huvepharma inaugurated a new fermentation plant in Peshtera, Bulgaria on September 16, 2019, built in two years at a cost of €150 million. The plant adds 3,500 m³ fermentation capacity, doubling the site's capacity and increasing the group's total capacity by 30%.

- Type: Expansion
- Announced: 2019-09-16
- Where: Peshtera, Bulgaria
- Value: $165.0M (150.0M EUR)
- Starts operating: 16 Sep 2019
- Status: completed
- Capacity: 3500 m³ fermentation capacity
- Products: active pharmaceutical ingredients, feed additives
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Huvepharma](https://endata.com/companies/44324.md)

## Sources

- [foodagribusiness.world](https://www.foodagribusiness.world/feed/huvepharma-new-fermentation-plant-in-peshtera-bulgaria), 2020-01-06: "Our production capacity would be saturated, and this is why this capacity extension will allow Huvepharma to continue its growth."

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