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Zenova Group Expands in Europe with New Albanian Manufacturing Facility

Story Highlights
  • Zenova Group forms a joint venture with AED to establish a manufacturing facility in Albania.
  • The facility aims to generate over €2 million in its first year, boosting Zenova’s European expansion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

The latest announcement is out from Zenova Group Plc ( (GB:ZED) ).

Zenova Group PLC has formed a joint venture with AED Sh.p.K to establish a manufacturing facility in Albania, aiming to meet the growing demand for its products in the region. This facility is expected to generate over €2 million in its first year and enhance Zenova’s ability to supply the Albanian and surrounding markets efficiently, marking a significant step in the company’s European expansion strategy.

More about Zenova Group Plc

Zenova Group PLC specializes in the development and supply of advanced fire safety and temperature management technologies for industrial, commercial, and residential sectors. Its product portfolio includes fire protection paint, thermal insulation paint, and fire extinguishers, all engineered to meet high safety and efficiency standards.

YTD Price Performance: -74.67%

Average Trading Volume: 626,335

Technical Sentiment Signal: Strong Buy

Current Market Cap: £456.4K

See more data about ZED stock on TipRanks’ Stock Analysis page.

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