# Pasabahce to invest EUR 14.5 million in Targovishte plant upgrade

Pasabahce Bulgaria, part of Sisecam, is investing BGN 28.5 million (EUR 14.5 million) to upgrade and expand its factory in Targovishte, Bulgaria. The investment will automate production and increase output.

- Type: Expansion
- Announced: 2023-03-01
- Where: Targovishte, Bulgaria, Bulgaria
- Value: $15.5M (14.5M EUR)
- Status: announced
- Capacity: 150,000 tonnes per year
- Products: float glass, glass packaging, glassware, fibreglass
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Paşabahçe](https://endata.com/companies/25568.md)
- [Sisecam Group](https://endata.com/companies/1193.md) (partner)

## Sources

- [glassonline.com](https://www.glassonline.com/pasabahce-to-invest-in-plant-at-targovishte-bulgaria/), 2023-02-28: "Pasabahce, part of Turkish glass manufacturing group Sisecam, is investing BGN 28.5 million (EUR 14.5 million) to upgrade and expand its factory in the city of Targovishte, Bulgaria."

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