MonBat plans to invest BGN 8.3 million in the upgrade of two production plants and to start exports to the Russian market. The company will buy new equipment for its plants in Montana and Dobrich, in northwestern and northeastern Bulgaria, which is expected to boost production capacity by 35%. The company also plans to enter the Russian market in 2014 by exporting its products there.

The upgrade of MonBat's plant in Montana, which has received two thirds of the EU financing, is planned to be completed by the end of the autumn. The plant in Dobrich is expected to be reconstructed by the summer. Works will be done gradually and will not affect the two facilities' operations.