# M+S Hydraulic signs contract for new hydraulic motor plant in Kazanlak

M+S Hydraulic PLC signed a construction contract with Barrage Group Ltd. for a new plant in Kazanlak, Bulgaria. The investment totals BGN 45 million over three years, will increase production capacity by over 30%, and create 121 new jobs.

- Type: Expansion
- Announced: 2024-08-08
- Where: Kazanlak, Bulgaria
- Value: $25.0M (45.0M BGN)
- Jobs: 121
- Status: announced
- Capacity: increase by more than 30%
- Products: hydraulic motors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [M+S HydrauliC PLC](https://endata.com/companies/12141.md)
- [Barrage Group Ltd](https://endata.com/companies/12142.md) (supplier)

## Sources

- [ms-hydraulic.com](https://www.ms-hydraulic.com/index.php?Itemid=199&catid=9%3Anews&id=114%3Aon-08-08-2024%2C-m-s-hydraulic-plc-signed-a-construction-contract-for-the-building-of-a-new-plant-for-production&lang=en&option=com_content&view=article), 2024-08-09: "With the construction of this new plant, the production capacity of M+S Hydraulic PLC will be increased by more than 30%"

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