# Podemkran plans investment to expand crane component production in Gabrovo

Podemkran has applied for a grant to fund a project to expand production capacity at its Gabrovo facility for crane components, cranes and hoists. The total investment is planned at BGN 1,656,601.72, with BGN 993,961.03 in grant funding.

- Type: Investment
- Announced: 2020-02-05
- Where: Gabrovo, Bulgaria
- Value: $930K (1.66M BGN)
- Status: announced
- Products: crane components, cranes, hoists
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Podemkran](https://endata.com/companies/45044.md)

## Sources

- [machinebuilding-bulgaria.com](https://machinebuilding-bulgaria.com/article/2964-podemkran-s-proekt-za-podobriavane-na-proizvodstveniia-si-kapacitet), 2020-02-05: "Целта на проекта е разширяване на капацитета на производствената площадка за кранови компоненти, кранове и телфери на Подемкран в Габрово."

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