Sat, Feb 11 2012

Extrapack builds a second base in Veliko Turnovo

Thu, Jan 29 2009 11:52 CET

byNick Iliev

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Extrapack OOD has invested 25 million euro in a second large production base in Veliko Turnovo, on the motorway at the entrance from Sofia, approximately five km west from the first factory.

The facility will embrace a total area of 16 500 sq m. The project was conceived by chief architect Plamen Tsanev. The company in charge of construction is Technobuild, while Dike 2000 is the consulting firm operating alongside Technobuild during the construction process.

Extrapack is the first Bulgarian company to produce bio-dissolving bags. Its rapid expansion in the business meant that they needed to increase the capacity of their operation, thus the construction of the second factory in their home city of Veliko Turnovo, reports Stroitelstvo Gradut.

Apart from production line facilities, the complex will also accommodate an administrative building, two storeys of office buildings, auxiliary and logistical support facilities for material and personnel, and a restaurant. A substation of 110 kilovolts will also be built, along with a pool with a cooling system designed to facilitate the machinery and equipment of the base, as well as a small recycle and treatment station incorporated within the main factory.

In parallel with the new installation, the first factory, which has a total area of 14 000 sq m, will also be fully operational. Extrapack was founded in 1995. According to Milen Tsenkov, the company's executive manager, Extrapack aims to expand its line of products and become more efficient and competitive, but they will not change their line of business. The company's main objective is to use the revenue to re-invest in the training of qualified personnel as well as state of the art modern technology. The second factory will augment the potential of the company and help it develop for the next 10 to 15 years, Tsenkov told Stroitelstvo Gradut.

Approximately a third of new equipment for the new factory will be installed in the summer of 2009. There are currently 500 employees at Extrapack, but with the new operation, another 160 jobs will be created.

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