# Alcomet launches EUR 136M investment project in Shumen, Bulgaria

Alcomet launched a priority investment project in Shumen, Bulgaria, worth over EUR 136 million, to expand its product mix with a continuous casting line, profile production lines, and a universal foil loom, creating 160 new jobs.

- Type: Investment
- Announced: 2024-09-11
- Where: Shumen, Bulgaria, Bulgaria
- Value: $150.0M (136.0M EUR)
- Jobs: 160
- Status: announced
- Products: aluminum rolling and pressing products, continuous casting line, profile production lines, universal foil loom
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

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

## Sources

- [investbg.government.bg](https://investbg.government.bg/alcomet-ad-has-launched-a-new-priority-investment-project-in-shumen-for-over-eur-136-million-lv/), 2024-09-11: "The new line for continuous casting and profile production will increase the competitiveness of Alcomet on the international market."

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