Largest investment project in Bulgaria

The construction of the new factory will commence immediately bringing the best available technology in cement production to Bulgaria with the most modern and up-to-date process, safety and environmental control systems. The New Production Line for clinker and cement will begin operations in early 2015 with an annual production capacity of approximately 1.5 M/t of cement, making it one of the largest in Europe for the Group.

The total investment by Italcementi Group in this project amounts to approximately 160 million Euro towards the reconstruction and modernization of the cement plant in Devnya – one of the largest industrial investments in Bulgaria in the last quarter of a century, with more than 1000 people employed during the construction phase beginning in mid-2012 and spanning more than two years. 

The new cement installation will allow Italcementi Group Bulgaria to continue to meet the cement demand on the domestic market in support of the growing need of infrastructure projects, roads and bridges, as well as a wide variety of residential and non-residential construction works. The strategic location of the new plant, in close proximity to the Varna West Port, will continue to place the company as a key exporter to the surrounding Black Sea region and beyond. 

This new project brings with itself numerous economic and environmental benefits including a significant reduction of dust and CO2 emissions as well as an improved energy efficiency and utilization of alternative fuels.  

Italcementi is the largest cement producer in the country with the broadest product range on the market. The Bulgarian subsidiary has achieved great results over the years and has made significant investments to improve productivity and efficiency of its operations while significantly reducing the environmental impact.  The Bulgarian operations hold a Certificate for Energy Management System ISO 50001:2011, ISO 14001 – environmental protection policy and system, ISO 9001 – Quality Management Certificate, as well as ISO 14064 – Carbon Footprint, fulfilling the high demands of the domestic market and the European standards.

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