Bulgaria economy minister attended groundbreaking ceremony for OSRAM factory

03/23/16 06:51
(http://www.klassa.bg/)

Bulgaria economy minister attended groundbreaking ceremony for OSRAM factory

Bulgarian Minster of Economy Bozhidar Lukarski took part in the groundbreaking ceremony for the start of the construction of a production unit of OSRAM company, leader in the global lighting marker. The factory will be based in Bulgaria’s second-biggest city of Plovdiv.
The investment in the new production capacity amounts at BGN 45 million. The factory is expected to start functioning in 2017, opening more than 900 jobs.
The groundbreaking ceremony tooke place on Karlovsko Shose Boulevard.
“Construction of the first production base of OSRAM company both in Bulgaria and in the entire Southeast Europe is a huge recognition for Bulgaria as a preferred investment destination,” Bulgarian Minister of Economy Bozhidar Lukarski said.
The event was also attended by Deputy District Governor of Plovdiv Georgi Pilev, Mayor of Plovdiv Ivan Totev, Mayor of Maritsa Municipality Dimitar Ivanov and other officials.
“OSRAM’s decision to choose Bulgaria for the realisation of its project is a highly positive signal to the rest of the investors, who are eyeing Southeast Europe as a possible location of new production capacities,” Mr Lukarski remarked.
In his words, the financial decision of the company is a proof that the economic policies conducted by the Bulgarian government give results.
“In the beginning of the mandate I promised an increase of the foreign investments and this is already a fact. In 2015 Bulgaria reports more than 23% growth in the foreign investments, as their total size reports a six-year peak of EUR 1.593 billion,” Bozhidar Lukarski explained.
He commented further that the German investment in the country grew by more than 11% in 2015.
“OSRAM is a very important investment partner and the opening of the factory will lead to the establishment of other high-tech productions, too,” the minister remarked.
“We chose Bulgaria, and Plovdiv in particular, because of the central location and the access to key European transport corridors,” said Geert Van Der Meer, CEO of the Digital Systems with OSRAM, speaking at the ceremony.

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Публикувана на 03/23/16 06:51 http://www.klassa.bg/News/Read/article/266016_Bulgaria+economy+minister+attended+groundbreaking+ceremony+for+OSRAM+factory