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Company: Keros Bulgaria
Geographic location
- Country:
Bulgaria
- Region:
Severna Bulgaria ; Severen tsentralen
- Location of affected unit(s):
Company
- Group :
Keros Ceramica
- Sector :
Manufacturing : Manufacture of ceramic tiles and flags (Nace DI)
- Number employed:
Employment effects
- Announcement Date:
07-06-2005
- Planned job reductions:
- Type of restructuring:
Business expansion
- Employment effect start:
30-06-2006
- Foreseen end date:
- Direct dismissals:
- Other job reduction measures:
- Planned job creation:
1000
Additional information
The Spanish Keros Ceramica is investing €12 million in a new factory for wall and floor tiles production. The company is expected to be built and start functioning by 2006, announced Mr. Hose Benavent, owner of Keros Keramica and Mr. Salvador Ferer, president of the management board of Keros Bulgaria, during a press conference. In a second phase, the company intends to raise its investment up to € 20 million. The capacity of the production is foreseen to be 9,000 square metres per day(5 million square metres per year). Keros Ceramica was founded in 1994 in Nules, Spain. Currently the company has a turnover of €30 million per year and exports all over the world. The Bulgarian factory will be the first plant outside Spain.
Sources

Dnevnik, 08-06-2005

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Page last updated: 9 June, 2005