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Stomana Industry Pledges to Invest EUR 30m in 2 Years.

Europe Intelligence Wire

| April 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From PARI Daily)

Byline: Zlatina GEORGIEVA

BETWEEN EUR 30 and 40 million will be invested in the next two years in new equipment, said Atanas Atanosopulous, presiding over the company board. A new scrapping installation is to be launched in a few days, he said, adding the facility will recycle old cars as well. The installation, worth BGN 10 million, has the largest capacity in the Balkan region, he announced.

A day ago Stomana Industry signed an agreement with ...

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