• With the help of the leasing company and the Ministry of Innovation and Growth, the company will expand its production capacity and product portfolio
• The project has been declared a priority according to the Investments Promotion Law

With the support of the Ministry of Innovation and Growth and UniCredit Leasing, Alcomet JSC officially launches a large-scale investment project worth BGN 140 million. The project aims to expand the company's production capacity and product portfolio. It consists of the construction of a new continuous casting line, aluminum profile production lines, a universal foil press and a number of ancillary facilities. Its implementation is planned within three years and will create 160 new jobs.

"We are pleased that Alcomet has once again chosen UniCredit Leasing as a financing institution in the realisation of their complex transaction. We, as a leasing company with a significant market share, are consolidating our strong competitive advantage, to be the preferred partner for the big business in Bulgaria," said Ivan Apostolov, Executive Director of UniCredit Leasing.

"Through this investment, Alcomet will significantly expand its product range with new types of aluminum foil intended for the packaging and food industries, as well as for the production of batteries for electric vehicles. This is a great opportunity for UniCredit Leasing to support the business and participate in the development of new markets, and strengthen the focus on the sustainable production of recyclable products, which are an ecological alternative to plastic packaging", commented Huseyin Yoruju, Executive Member of The Board of Directors of "Alcomet" JSC. 

A priority investment project with state support

The Alcomet JSC project has been declared a priority investment project according to Art. 22 of the Investments Promotion Law. This status provides the project with support through state aid, which is confirmed by a certificate issued by the Ministry of Innovation and Growth. The project is of key importance for the development of the company and the regional economy, as it will contribute to increasing competitiveness and creating new jobs.

Partnership with UniCredit Leasing and modern equipment

Part of the funding of the new equipment is provided by UniCredit Leasing, which will provide a lease for a universal foil press manufactured by leading German manufacturer Achenbach Buschhutten GmbH & Co. KG. It is an innovative equipment that includes a unidirectional rolling mill for the production of aluminum foil, a system for high-speed slitting and thinning of the foil, as well as a modern air purification system with the capacity to process 110,000 cubic meters of air per hour. The total value of the equipment amounts to 18 million euros, with production and delivery planned for December 2025.

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Additional media information:

Ekaterina Ancheva, tel +359 894 518 193 , flbufsjob/bodifwbAvojdsfejuhspvq/ch