Iron Casting Foundry For Sale – EU Market Access

Overview
LIT-15 Ltd. is a family-owned cast iron foundry in Vidin, Bulgaria, with more than 30 years of successful operations. The company produces grey and ductile cast iron castings using modern equipment and exports 60% of its output to EU countries including Germany, Italy, and Austria.

Facilities & Assets
Land: 15,025 m² (urbanized, with expansion potential)
Buildings: 5,965 m² including production halls, warehouses, offices, and workshops
Infrastructure: Private water supply, 20kV electricity, private transformer station (3×1000 kVA), asphalt road network, suitable terrain for solar installation (EU grants available).
Machinery: Automatic moulding line (70 moulds/hr), two 2,600 kg induction furnaces, one 700 kg furnace, CNC machining centre, lathes, milling, boring machines, sand-mixing system, cleaning machines, spectrometer, compressors, and other equipment.

Highlights
ISO 9001 certified
Member of Bulgarian Branch Chamber of Machine Building, Union of Founders, and BICA
Experienced workforce with strong know-how in metallurgy and engineering
Strategic location: 7 km to Romania, 50 km to Serbia, excellent EU access

Reason for Sale
The founding family is retiring after three decades of management. They are committed to supporting the transition to new ownership.

Financials & Price
Asking Price: 1,800,000 (EURO)
Sale Type: Asset sale – includes land, buildings, machinery, licences, contracts, IT systems, and intangible assets.

Why Invest?
This is a fully equipped, profitable, and strategically located foundry in the EU with low labour costs, a 10% corporate tax rate, and significant expansion opportunities. It is a ready-to-run business with established export clients and future potential through modernization and solar energy investment.