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AQ Group signed an agreement to acquire a 22,000 m² property in Pernik, Bulgaria for €5 million to establish a new factory producing sheet metal housings and integrating large battery systems for grid energy storage. Orders of $12 million are secured for 2023.
“AQ Group has signed an agreement to acquire a property of 22,000 m² in Pernik, Bulgaria, for Euro 5 million to continue to grow our electrical cabinet business.”news.cision.com
Summarized from public sources; check the original articles before acting on it.