Manufacturer of batteries "Monbat" soon to arrive to Serbia and have factory worth 7m EUR built

Bulgarian manufacturer of batteries "Monbat" will invest 7m EUR in the unit for lead recycling in Serbia.

Co-owner of Bulgarian company Atanas Bobokov stated that "Monbat's" factory would be settled in Municipality of Inđija and that it would be put into operation in spring 2008.

The unit will have a capacity to produce 10,000 tons of lead on annual basis. In addition to inestments in Serbia, "Monbat" plans to spend 2m EUR on enlargement of production capacity of its factory in Montana in northwest of Bulgaria to 2m batteries per year by the middle of year 2007.