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29.04.2010 14:20
Minister Traikov to Award Two Companies with Class A Investment Certificate
IWC Bulgaria and Pipelife Bulgaria will be awarded for a wind farm project and a pipe factory
AUTHOR: publics.bg


  • © sxc.hu

Today the Bulgarian minister of economy will award Class A investment certificates to IWC Bulgaria VP 5 for their Lozenets wind park project and Pipelife Bulgaria for their PVC pipe factory in Botevgrad. The ceremony will be held in 16.00 h at the ministry of economy. The ambassador of Germany Mathias Höpfner will attend the ceremony

IWC Bulgaria is a subsidiary of the German IWC GmbH (Innovative Wind Concepts), which is a joint venture of Siemens Project Ventures (SPV) GmbH and Windkraft Nord AG for South-East Europe. The company will construct a 140-MW wind park near the Black Sea village of Lozenets. The foreseen output of the power station amounts to 350,000MWh. The total amount of the investment is BGN 440 m.

The plastic pipe factory of Pipelife Bulgaria is expected to be open next month. He investment in the plant amounts to EUR 32,4 m. The factory will produce a large range of pipes for gas transmission, water and sewage and energy industry. The company is a joint venture of SOLVAY (50%) and WIENERBERGER (50%).


TAGS: IWC | Pipelife | Solvay | invetsment | certificate 


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