# Alcomet to invest 136M BGN in Shumen plant expansion

Alcomet AD will invest 136,285,000 BGN to expand its Shumen plant with a continuous casting line, profile lines, and a foil mill, creating 160 jobs.

- Type: Expansion
- Announced: 2024-03-05
- Where: Shumen, Bulgaria
- Value: $77.5M (136.3M BGN)
- Jobs: 160
- Status: announced
- Products: aluminum profiles, aluminum foil
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Alcomet](https://endata.com/companies/19583.md)

## Sources

- [enterprise.bg](https://enterprise.bg/econimics-and-business/alkomet-i-zavod-rubin-se-razshiryavat-i-modernizirat-s-obshta-investitsiya-za-pochti-250-mln-leva), 2024-03-05: "Размерът на инвестицията на компанията е 136 285 000 лв. и се предвижда разкриване на 160 нови работни места."

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