Pleven-based menswear company invests BGN 25 million in new factory
Article published from standartnews.com on 2015-06-01 14:29:00Category: Business in Pleven
Pleven-based menswear company Dimitrov is amking a BGN 25 million investment in a new factory. The new facility of the Hugo Boss and Armani partner Bulgarian manufacturer will create 800 new jobs, owner Magdalen Dimitrov announced.
The first sod for a new production and office complex Desizo Monni was made in the presence of National Assembly Chair Tsetska Tsacheva. It will become a 2000 sqm state of the art six-storey factory for menswear.
The Bulgarian company is a partner of two of the most renowned fashion brands in the world: Hugo Boss and Giorgio Armani, meaning that it is producing some of their goods. The two giant brands are estimated at EUR 15 billion and EUR 6 billion. They have a commitment to their Bulgarian partner for supplying it with the most advanced technologies in the field of sewing. In addition, they are also training the managers and specialists of the BG manufacture and support it in other ventures outside the contractual relationship...