“Bultex 99” is building a logistics center worth 45 million leva.

“Bultex 99” is building a logistics center worth 45 million leva

Yesterday, “Bultex 99” launched its new project—the construction of the “Bultex Logistics” logistics center—with a water blessing ceremony and a symbolic groundbreaking. It will be built in the village of Radinovo, Maritsa Municipality, on an area of 80 decares. The gross floor area is 45,000 sq. m.

The total investment amounts to 45 million leva, and construction will be carried out in two phases. The first phase, which includes commissioning 24,000 sq. m., will be completed in March 2025. The second phase is expected to begin in 2028 with the construction of a fully automated warehouse serving the company’s online stores, “Bultex 99” representatives said.

The main contractor for the project is “Mirat Group”—Sofia.

We should recall that it was specifically because of the logistics center project that, in 2022, “Bultex 99” was certified as a Class A investor under the Investment Promotion Act.

“The company’s success is due to the fact that we are not merely manufacturers and traders of workwear and personal protective equipment; above all, we strive to provide solutions and be useful to our business partners. This is a mission shared and embraced by the entire “Bultex 99” family. All our colleagues clearly understand that there must be no compromises when it comes to people’s safety and health, and as a result, they put their soul and heart into fulfilling their commitments. This is something I sincerely thank them for!” said Managing Director Stefan Bashev.

The official groundbreaking ceremony for the new facility was attended by Dimitar Ivanov, mayor of Maritsa Municipality and a member of the Regional Development Council and the Regional Development Council of the South Central Region, as well as representatives of the local authorities and community.

“Bultex 99” is a Plovdiv-based company with a 30-year history and a significant market share. It specializes in the production and supply of protective and workwear clothing, as well as the import and sale of protective equipment and personal protective equipment.