E Miroglio to invest in Bulgarian wool factory

Bulgaria-based textile company E Miroglio will invest BGN30m (US$19m) in upgrading and expanding its wool factory in Sliven. Production of wool fabrics will be extended with a new line for printing with production to reach 1m metres this year increasing fivefold by 2018.

The investment will create 101 new jobs. The company employed 2,003 people at the end of September 2014.

For the full story, see the January 2015 edition of Textiles Eastern Europe. Not a subscriber? Sign up HERE