Alcomet

Alcomet has submitted an investment proposal to build a new workshop for mechanical processing of aluminum profiles at its Shumen plant, with a maximum capacity of 2,000 tons per year. The project will be executed in two stages and is expected to create new jobs.

Alcomet JSC opened a 2500-ton press for special aluminum profiles at its plant in Shumen, Bulgaria, as part of a three-year investment program worth BGN 69 million. The press cost BGN 50 million and will produce 10,000 tons of aluminum profiles annually, creating 100 jobs.

Alcomet received a Class A investment certificate for a project to increase production capacity and efficiency in Shumen, investing BGN 69 million and creating 100 new jobs. The project includes a new production line and press for aluminum profiles.

Alcomet, a Bulgarian aluminum products manufacturer, will increase capacity by over one third within two years through a €36 million investment program covering all three workshops and a new building. The company expects turnover to rise by nearly 50% and headcount to reach 1,000.