{"id":12482,"date":"2018-06-07T16:30:29","date_gmt":"2018-06-07T13:30:29","guid":{"rendered":"http:\/\/investsofia.com\/en\/?p=12482"},"modified":"2018-07-12T20:03:42","modified_gmt":"2018-07-12T17:03:42","slug":"festo-to-invest-25-6-mln-euro-in-a-new-production-unit-in-sofia","status":"publish","type":"post","link":"https:\/\/investsofia.com\/en\/festo-to-invest-25-6-mln-euro-in-a-new-production-unit-in-sofia\/","title":{"rendered":"Festo to Invest 25.6 mln. Euro in a New Production Unit in Sofia"},"content":{"rendered":"<div id=\"modal-ready\"><h4><strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Industry<\/strong>: leading supplier of pneumatic and electrical\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0automation technology<\/h4>\n<h4><strong><img loading=\"lazy\" class=\" wp-image-12753 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo_logo.svg.png\" alt=\"\" width=\"399\" height=\"75\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo_logo.svg.png 2000w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo_logo.svg-300x56.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo_logo.svg-768x144.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo_logo.svg-1024x192.png 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo_logo.svg-600x113.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo_logo.svg-260x49.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo_logo.svg-50x9.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo_logo.svg-150x28.png 150w\" sizes=\"(max-width: 399px) 100vw, 399px\" \/>In Sofia\u00a0since<\/strong>:\u00a02015<\/h4>\n<h4><strong>Employees<\/strong>:\u00a01 000 (Sofia and Smolyan)<\/h4>\n<h4><strong>Investment<\/strong>:\u00a035+ million euro<\/h4>\n<h4>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 since the establishment of the company in Sofia<\/h4>\n<p>&nbsp;<\/p>\n<div id=\"attachment_12418\" style=\"width: 1187px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-12418\" loading=\"lazy\" class=\"size-full wp-image-12418\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo-in-Sofia.png\" alt=\"\" width=\"1177\" height=\"427\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo-in-Sofia.png 1177w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo-in-Sofia-300x109.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo-in-Sofia-768x279.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo-in-Sofia-1024x371.png 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo-in-Sofia-600x218.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo-in-Sofia-260x94.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo-in-Sofia-50x18.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo-in-Sofia-150x54.png 150w\" sizes=\"(max-width: 1177px) 100vw, 1177px\" \/><p id=\"caption-attachment-12418\" class=\"wp-caption-text\">Image Source: www.festo.com<\/p><\/div>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The German company <\/span><i><span style=\"font-weight: 400;\">Festo <\/span><\/i><span style=\"font-weight: 400;\">plans to invest <\/span><span style=\"font-weight: 400;\">25.6 million euro<\/span><span style=\"font-weight: 400;\"> to build a stepper and motors production unit in Sofia. Along with the construction of its third production unit in Sofia, the company intends to <\/span><span style=\"font-weight: 400;\">increase its workforce in Bulgaria to 2,000 employees by 2020. <\/span><span style=\"font-weight: 400;\">Currently, <\/span><i><span style=\"font-weight: 400;\">Festo <\/span><\/i><span style=\"font-weight: 400;\">employs 1,000 people in the country. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Festo opened its Sofia factory in 2015 with an initial investment of 9.7 <\/span><span style=\"font-weight: 400;\">million euro.<\/span> <span style=\"font-weight: 400;\">The German company concentrates 95% of its production of microsensors in Bulgaria. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The German company has 250 offices around the world as well as service support in 176 countries including Montenegro, Slovenia, Serbia, and Romania. It has 300,000 customers worldwide and invests 8% of its annual turnover in research and development.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/investsofia.com\/en\/contact-us\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" class=\"size-full wp-image-11344 aligncenter\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png\" alt=\"\" width=\"960\" height=\"130\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-300x41.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-768x104.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-600x81.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-260x35.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-50x7.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-150x20.png 150w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":12419,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[169,179],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.14 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Festo to Invest 25.6 mln. 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