# Festo to invest 20 million leva in Sofia plant in 2022

Festo will invest 20 million leva (approximately EUR 10.2 million) in its Sofia plant in 2022.

- Type: Investment
- Announced: 2022-03-14
- Where: Sofia, Bulgaria
- Value: $11.2M (20.0M BGN)
- Status: announced
- Products: automation technology
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Festo](https://endata.com/companies/1097.md)

## Sources

- [bta.bg](https://www.bta.bg/en/news/economy/235462-automation-technology-leader-festo-to-put-lv-20-mln-in-sofia-plant), 2022-03-14: "Leading multinational automation technology supplier Festo will invest 20 million leva in its Sofia plant in 2022."

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