M+S Hydraulik AD signed a construction contract on 8 August 2024 for a new hydraulic motor factory in Kazanlak, with the main contractor Baraj Group chosen after a tender worth nearly 23 million BGN. The company plans 45 million BGN investment over three years and 121 new jobs.
M+S Hydraulik is investing about 45 million leva over three years to build and equip a new hydraulic motor plant on a 35,000 square metre site in Kazanlak, Bulgaria. The plant will be highly automated and is expected to raise turnover by 30%.
M+S Hydraulik will invest 45 million leva over three years in a second plant in Kazanlak, Bulgaria, expanding hydraulic motor capacity by 30% with a high degree of automation. The company says the investment prepares it for recovery in demand.