Septona Bulgaria AD received a Class A certificate for an investment of over BGN 21 million in Ruse
At an official ceremony held at the Bulgarian Investment Agency (BIA), the Agency's Executive Director, Ms. Mila Nenova, presented Class A investment certificate, issued under the Investment Promotion Law, to Mr. Konstantinos Akilidis - General Manager of the production enterprise of Septona Bulgaria AD.
The current investment project is aimed at expansion and modernization of the production base of the company in the city of Ruse, with the aim of strengthening market positions, increasing production capacity and implementing new technological solutions. The expected amount of the investment is BGN 21,323,000, and 50 new jobs will be created.
The project includes construction of a new production building for cotton tape line, equipment of warehouse areas, purchase of modern machines for the production of cotton swabs, as well as optimization of production processesThe implementation of the project will contribute to increasing the efficiency, sustainability and competitiveness of the company both at the national and international level.
Septona Bulgaria AD, member of The Ruse Chamber of Commerce and Industry, was created in 2005 and is an established manufacturer of cotton products for cosmetic purposes with many years of experience in the sector. The company is part of the international group SEPTON and is known for its high quality standards and commitment to environmental protectionThe company uses waste-free technologies, works with raw materials that do not generate waste and are recyclable 100%, and meets all modern requirements for environmental sustainability.
The certification of this project is another confirmation of the investment potential of Ruse and the region, as well as for the key role of innovative and sustainable manufacturing enterprises in the economic development of Northern Bulgaria.
The process of certification of the investment project of Septona Bulgaria AD was implemented with the expert assistance of the Ruse Chamber of Commerce and Industry.
