Navy Fashion Textile is planning to invest €500,000 into its production facility in Pleven. The funds will be used to purchase new machinery and hire another 15 to 20 workers. The production facility was built nearly 10 years ago and currently has a surface of 4,800 sqm.
The news comes following a meeting between the Mayor of Pleven Georg Spartanski, the CFO of Manifattura Riese, the parent company of Navy Fashion Textiles, Leonardo Leung, and Mario Ferretti, manager of Navy Fashion Textile.