A Large Company Bought the E-Bike Factory Near Kuklen
3 Articles
3 Articles
Plovdiv-based medical device company BTL Industries bought the electric bicycle production facility in Kuklen, which is owned by the bankrupt company E-Veloks EOOD. The deal is worth 17,450,000 euros, and the new owner plans to build a medical equipment and device factory in the complex. The auction was held at a starting price of 17,424,000 euros, set at 80% of the property's market value. This is the second attempt to sell the facility. In the…
The Plovdiv medical device company BTL Industries bought the electric bicycle production facility in Kuklen from the bankrupt company "E-Velox" EOOD.
A factory that was supposed to turn Bulgaria into a major producer of electric bicycles is getting a second chance. After "Leader-96" sank under the weight of debts worth tens of millions of euros and went bankrupt, the high-tech factory near Kuklen now has a new owner. The Czech industrial giant BTL Industries has acquired the enterprise for nearly 18 million euros. But the most interesting thing is just beginning. Instead of bicycles, new gene…
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