Bulgaria`s Alcomet commissions new aluminium profile processing facility

Bulgarian company Alcomet, which specialises in aluminium products manufacturing, commissioned a new facility for aluminium profile processing following an investment of BGN 13,5 million or EUR 6,9 million. The new facility, which spans across 4100 m2 and currently employs 30 people, will enable Alcomet to produce aluminium electric vehicle components.

At the moment, the company is in the stage of prototyping and pre-series production of the respective components under already agreed projects. According to plans serial production should start in 2022. In a press release the company added that such products can be utilised not only in the automotive industry, but also in the construction and architecture sector, mechanical engineering, renewable energy production, etc. Alcomet first shared its intentions of entering the automotive parts industry in 2019, when it launched a new aluminium profile production facility. Currently, the company exports over 90% of its output