Skip to main content

Enemona To Invest 43m Leva In Lom Municipality

Engineering and construction company Enemona plans to invest about 43 million euro in Lom municipality in 2008/2009, company representatives told on March 25.

Enemona will start the construction of a pellet fuel factory, as well as a central heating plant, which will serve the needs of Lom area. The two plants are expected to become operative by the turn of the winter season this year. Total investment earmarked for the two undertakings would come to 10 million leva.

The company also plans to build a logistic centre and business park, on which it plans to spend 23 million leva. To that end, last year Enemona acquired a 15ha industrial plot boasting a good strategic location – next to Lom port, with access to the Danube and in the immediate proximity to the eastern wharfs of the port.

Despite keen local and foreign interest in these lands, Enemona is in no rush to sell, saying it would wait for the launch of the port’s concession tender before making a decision. Experts believe that the expansion of the port is only possible on the land owned by Enemona, said.

The company acquired 2 500 ha agricultural land and 50 ha industrial plots in Lom municipality in 2007, as well, which i t plans to use to grow energy crops, as well as for the development of a mining complex and a 400 MW coal-fired power plant, using the region's lignite coal field. The company has already invested 10 million leva in that project.