Palemonteh building €3m plant in Bulgaria

18 February 2016

Swiss company Palemonteh Ltd. is building a factory in Montana, northwestern Bulgaria. Costs are expected to hit €3m. The new production facilities will be located on a 30-acre plot in Technology Park Montana. The Sofia-based firm Mirat Group will oversee construction of the project.

The new factory will create about 100 new jobs in the area. The site provides the necessary space for maneuvering trucks and parking for more than 50 cars. Palemonteh Ltd. specializes in manufacturing metal and net pallets.

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