Turkish investors have bought the production facilities of the Mlada Gvardia plant in Haskovo, Bulgaria, and are preparing a large factory for the production of synthetic fibres, which will operate on a three-shift basis.
According to the intentions of the investors, at least 1,000 people will be employed by the end of 2015, which will make the facility the largest employer in the Haskovo area. Hiring of employees is already under way and it currently has a staff of about 70 people.
For the full story, see the October 2014 edition of Textiles Eastern Europe. Not a subscriber? Sign up HERE