Monec Bulgaria announced the expansion of its production in Kardzhali, Bulgaria, with an investment of over 11 million BGN

Monec Bulgaria, a manufacturer of metal structures, is investing over 11 million BGN in expanding its production facilities in Kardzhali, with the project being supported by nearly 5 million BGN for the construction of municipal technical infrastructure. This was learned by BalkanEngineer.com from a decision of the Council of Ministers and information from the Ministry of Innovation and Growth.

The funds will be provided to the Municipality of Kardzhali and will be used to build and upgrade the technical infrastructure necessary for the implementation of the certified investment project "Improving the competitiveness and expanding the production capacity of Monek Bulgaria." The infrastructure activities include new elements as well as the continuation of existing facilities that will serve the industrial zone in the city.

The government emphasizes that the project is of strategic importance for the economic development of the region. The investment is expected to improve the business environment in Kardzhali and create conditions for attracting additional investors, as well as for the sustainable growth of local industry.

In addition to Moneck Bulgaria, other companies operating in the area will also be able to benefit from the infrastructure that has been built. The investment is also part of a broader government policy to promote manufacturing and regional development through targeted support for industrial projects with high added value and long-term economic impact.

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