The Italian arm of the power and automation technologies manufacturer ABB is intending to invest EUR 25mn in the construction of a factory producing low-grids equipment. The manufacturer will be located in southern town of Rakovski and would open 700 job positions. Currently ABB Group runs two production units in the south-western town of Petrich (also for low-grids equipment) and in Sevlievo located in central Bulgaria . It employs some 500 workers at present.
Source: Intellinews-Bulgaria Today