Raiffeisen Real estate - Poperty in Bulgaria, Bulgarian properties for sale and rent, apartment, house, land and plots

Chinese managers and bankers, who arrived in Bulgaria at the end of August to hold a series of meetings with Bulgarian local and government authorities have decided to invest EUR 120 mln in a glass producing plant on the site of the former Diamond factory in Razgrad, said Bulgarian Minister of Economy, Energy and Tourism Traicho Traikov.

As Property Xpress earlier reported, the project will be implemented by China Luoyang Float Glass Group Co. (CLFG), the third largest glass manufacturing company in the world, in conjunction with Plovdiv-based Via Glass, with the support of the Export-Import Bank of China. Earlier, the parties estimated the project's total cost at EUR 100 mln.