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News
Kraft Foods Bulgaria Invests EUR 800 000 in New Coffee Plant
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The second largest food and beverage company in the worlds Kraft Foods is investing EUR 800 000 in a new coffee plant in Bulgaria's Kostinbrod, the company announced Monday.
Kraft Foods Bulgaria thus become the first company in the country to employ a new technology for refrigerating coffee in order to preserve longer its aroma.
With its new plant the company is planning to expand its coffee exports from Bulgaria by exporting its production to Romania, the Ukraine, Serbia, Macedonia, Croatia, and Slovenia.
Kraft Foods Bulgaria also expresses its satisfaction with the repeal of the excise tax on coffee, which entered into force on January 1, 2009.
Since it first entered the Bulgarian market in 1994 Kraft Foods has made substantial investments in its existing plants in the towns of Svoge and Kostinbrod.
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