The Bulgarian company Technoglass Group, in collaboration with the German conglomerate HORN Glass Industries AG, is implementing a large-scale investment project – the construction of a float glass factory in Bulgaria. The total investment in this project will amount to approximately €300 million. It is expected that the new factory will become one of the largest in Europe, with a projected capacity of 800 tons of glass per day.
This is reported by Business • Media
Production Site in Burgas: Advantages of the Location
The construction of the facility is planned to be completed by the end of 2027, and its location has been chosen in the city of Burgas. This decision is due to the presence of a developed transport infrastructure: a railway hub, a large seaport, and an international airport will ensure efficient logistics for product export.
Ukraine – Key Market for Float Glass
A significant portion of the new factory’s production will be directed towards export. Preliminary agreements for supplies have already been made with companies from the United Arab Emirates and Nigeria; however, the primary market will be Ukraine. Preliminary contracts have been signed with Ukrainian construction and trading companies, as well as manufacturers of plastic windows, for over 30 million square meters of float glass per year.
“Estimated supplies to Ukraine will exceed 30 million square meters of glass per year; preliminary contracts have already been signed with domestic construction and trading companies, as well as manufacturers of plastic windows.”
The implementation of this project is expected to provide a strong impetus for the development of Ukraine’s construction industry and will contribute to the restoration of its infrastructure.