The investment of "Bulmarket Group" EAD for over 9 million euros in "Industrial Park LVZ" EOOD envisages the construction of a base for the repair and production of wagons, as well as a research center in partnership with two universities. This was announced by the manager Stanko Stankov at a meeting with the mayor Pencho Milkov, who visited him in connection with the company's award from the National Association of Municipalities in Bulgaria.

"The award is prestigious not only for your company, but also for the entire region. We are aware of your importance and hope that you will continue to develop your activity successfully." With these words, the mayor addressed Stankov, presenting him with the prize in one of the most significant categories - "Municipal Investor" for 2021.

The distinction is awarded to companies that have made significant investments in Bulgarian municipalities during the relevant year, taking into account the number of jobs created, as well as the realized improvements to local public infrastructure.

The manager of "Bulmarket Group" EAD thanked for the award and stated that the location of the new hi-tech park, which will be built on the territory of the former LVZ, is strategic and will help the development of the company given the possibility of quick access to the Romanian markets.

Pencho Milkov described the project as excellent, as it aims to introduce high-tech production while preserving the existing building stock.