The Municipality of Sevlievo managed to attract American Standard Ltd., which invested over $ 40 mln. in a factory on the territory of the municipality. Since the municipal management already possesses a good deal of experience in attracting foreign investments, it managed to attract new investments through the Phare Program in 1998 (to build an animal marketplace in Sevlievo) and DM 4 mln. more from the Swiss Company ABB (for reconstruction, new technologies and information systems for the electrical factory ABB-Avanguard -- Sevlievo).
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The need for investments compels the organization of an investment business forum "Do business in Dobrudja." The enterprises from the town and region are presented at the forum and foreign companies and investors are attracted. Business contacts are signed and foreign companies invest successfully .5 billion a year in the light industry of Dobrich.
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