Bulgarian “Lavena” to open new plant in Shumen
One of the leading Bulgarian cosmetic manufacturers Lavena plans to open a new plant in the summer of 2014, Konstantin Shalamanov, Chairman of the board of directors announced.
The investment amounts to nearly 3,5 million euro and will result in the construction and commissioning of a modern production facility, located on an area of 8502 square meters in the town of Shumen.
The production part of the new capacity will include storage for raw materials and finished products, zone for expedition, administrative offices and laboratories.
With the realisation of the new project Lavena aims to expand its business in the foreign markets. Currently it exports its products to the EU, Russia and Libya. In the mid-term, the company planned to cover the Balkan region, the Arab countries and Asia.
Established in 1962, Lavena is specialized in the distillation of essential oils from different plants and today is one of the worldwide largest producers of natural lavender oil having its own plantations, own agricultural equipment, own distilleries and own high-tech laboratory. The company is exporting lavender oil to 16 countries worldwide.
LATEST issue 3/2019