A new French investment in Bulgaria's Kardzhali for the third consecutive expansion of the Serta Bulgaria company's plant has been opened with a ceremony. The investment totals 7.5 million euros and will create 100 new jobs.

"This cooperation is one of the many positive examples in French-Bulgarian economic relations. For two decades, this enterprise has become the second largest in the sector and today provides employment for 700 people," Minister of Economy and Industry Nikola Stoyanov, who attended the ceremony, said. "Products created here thanks to Bulgarian skill are exported to many of the countries in the European Union, as well as to the USA, Brazil, Argentina and China," the minister added.