Multivac to establish production in Bulgaria
Christian Traumann, CFO of Multivac and Ivaylo Dimitrov, Managing Director of Multivac Bulgaria Production, gave the starting signal for the new production site of Multivac in Bulgaria at the official ground breaking ceremony in September 2016.
The complex includes construction of high-technology enterprise for the production of parts and components for packaging machines of Multivac, including manufacturing building, warehouse and logistics premises, training center and administrative part. In addition, Multivac will develop a center for shared IT services, working from 2015, and a center for strategic sourcing. In the coming years, R & D department will be added, too. The investment in the new production amounts to 18.8 million euros by 2019.
– We are pleased that the project starts now, said Christian Traumann. Thanks to the professional support of National Company Industry Zones EAD as well as the Bulgarian Investment Agency the investment is on schedule.
By commissioning the production site, Multivac will create more than 150 new jobs in the region. In 2015, the company launched initiatives to attract young professionals in the fields of engineering, IT technologies, logistics etc.
– Along with these initiatives, our organization is also interested in employment programs for disadvantaged people to integrate them into the work environment, said Mr. Ivailo Dimitrov, Manager of Multivac Bulgaria Production LTD.
Christian Traumann added:
– Our new production site in Bulgaria will enable us to offer and provide our customers first-rate product parts and an excellent service.