Bogdan Bogdanov and Bulgarian Investment Agency presented a Class A certificate under the Investment Promotion Act (IPA) to H-Retail Automation Bulgaria (HRAB) EOOD for the investment project “Construction of a production base of metal parts for furniture and automation” in the town of Kuklen, region Plovdiv.
The size of the Luxembourg company’s investment is over BGN 11 million, and 54 new jobs will be created during its implementation.
On behalf of the company, the certificate was accepted by Jan Klement, HRAB manager, who expressed his gratitude to the Investment Agency team for the active work and assistance in the realization of their investment project in Bulgaria.
The company plans to create an enterprise for the production of metal parts for furniture and automation. The enterprise will consist of a production, warehouse and administrative part.
HRAB is part of a 100% family group, PTU Sa. Luxembourg. PTU consists of a network of companies in a business-to-business relationship in the pharmaceutical sector. This is PTU’s first manufacturing plant in Eastern Europe, facilitating the supply of steel products related to pharmacy equipment and pharmacy robots (automated warehouses) to the European market. In this way, HRAB in Kuklen became a significant player in the supply chain of the pharmacy equipment industry in Europe. The group has subsidiaries in 5 European countries, Australia and China.
