Bulgaria Approves $70.6M Enpay Investment to Expand HVDC Transformer Production
The government of Bulgaria has approved a memorandum of understanding (MoU) with the local subsidiary of Turkish transformer manufacturer Enpay to support a $70.6 million (€60 million) capacity expansion project.
The investment will be carried out at Enpay’s existing facility in Shumen, where the company plans to increase production of transformer components and introduce new manufacturing capabilities.
According to officials, the project will add approximately 10,000 tonnes of transformer board production capacity, focusing on components used in high-voltage and high-voltage direct current (HVDC) transformers—critical infrastructure for modern electricity transmission systems.
The expansion is also expected to create around 100 new jobs, contributing to local economic development while strengthening Bulgaria’s position in the electrical manufacturing sector.
Beyond its immediate economic impact, the investment highlights the growing importance of supply chain capacity in the energy transition. Bulgaria's €60 million commitment to the production of HVDC power transformer components is best understood as an infrastructure investment in its own right. Grid modernization cannot proceed at the required pace without a manufacturing base capable of supplying the specialized equipment that HVDC systems demand.
By expanding qualified production capacity within the EU, the project strengthens the foundation for a more interconnected, renewable-powered European grid. For the global power industry, it signals that the supply chain is beginning to align more closely with the pace and ambition of the energy transition.
Enpay’s Bulgarian unit has been operating in Shumen since 2017 and forms part of the company’s broader strategy to scale production and position the country as a regional hub for transformer insulation components.
The agreement reflects a wider trend across Europe, where governments are increasingly supporting industrial investments linked to grid modernisation and renewable energy integration, particularly as demand rises for high-voltage equipment.
Source: seenews.com
