Smart Organic unveiled its new facility expected to bring BGN 500k of cost savings (POSITIVE)
Source: Smart Organic; FFBH
Smart Organic unveiled its new facility, located next to the existing one in Knyazhevo, Sofia. It has an area of 5 000 sq.m. and includes storage space, production facility, laboratory for the development of new products as well as administrative area. The company expects cost savings around BGN 500k through switching from external storage to storing its production in the new facility. The building also has installed solar panels with peak power of 330 kWh. The company notes, that its third facility is in advanced design stage and construction is expected to begin in H1’23.