Turkish industrial giant Sisecam intends to invest USD 60 million more in its production facility for household glass in the north-eastern city of Targovishte, Bulgaria, through its subsidiary, Trakiy…
Turkish industrial giant Sisecam intends to invest USD 60 million more in its production facility for household glass in the north-eastern city of Targovishte, Bulgaria, through its subsidiary, Trakiya Glass Bulgaria. This new investment will expand the existing household glass production line launched in 2005, adding a second production line. Sisecam“s glass factories in Targovishte are, taken together, the largest glass plant in the Balkans. According to Trakiya Glass Bulgaria HR head Krasimir Kanev, 200 new jobs will be created with the new investment. In February 2011, the company opened the Sisecam“ factory for automobile glass in Targovishte. At that time, Ahmet Kirman, CEO and chair of the board of Sisecam, said that the investments of the Turkish company have turned the Bulgarian city of Targovishte into a centre of glass production in the Balkans, providing direct employment to 1,440 people, facilitating the creation of additional small- and medium-sized enterprises working with the company on the local level. The automobile glass investment was estimated at USD 25 million and created 130 jobs. The plant was the fifth manufacturing facility of the Turkish glass giant, after the factory for household glass, launched in 2005; for flat glass, launched in 2006; the mirror line and the line for appliance glass from 2007. More than 1,500 workers are already employed at the five facilities.