# Alcomet AD to invest BGN 136M in expansion of Shumen plant

Alcomet AD received a certificate for a priority investment project to expand its product mix by installing a continuous casting line, profile production lines, and a universal foil loom at its plant in Shumen, Bulgaria. The investment is BGN 136,285,000 and is expected to create 160 new jobs.

- Type: Expansion
- Announced: 2024-03-05
- Where: Shumen, Bulgaria
- Jobs: 160
- Status: announced
- Products: aluminum rolling and press products, continuous casting line products, profile products, foil
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Alcomet AD](https://endata.com/companies/76186.md)

## Sources

- [investbg.government.bg](https://investbg.government.bg/the-minister-of-innovation-and-growth-milena-stoycheva-and-the-executive-director-of-investbulgaria-agency-mrs-mila-nenova-awarded-two-certificates-for-priority-investment-projects-to-alcomet-ad-an/), 2024-03-11: "The amount of the company's investment is BGN 136 285 000."

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