Mondi to invest €600M in Bulgaria

Photo: Mondi Group

Austria-based Mondi Group has unveiled plans to invest some €600 million with the aim to open a new plant in Bulgaria.

 

On a related note, the company is also considering to expand its fac-tory in Stamboliyski, in Bulgaria’s southern part, where Mondi pro-duces sack kraft paper, according to the information obtained by local news site Seenews.com.

 

Mondi is currently discussing its investment plans with the Bulgarian Ministry of Economy. The company has not disclosed the time sched-ule for the two projects.

 

Mondi says it established its first office in Bulgaria in 1999.