US Co Mulls Opening Bulgaria-Based Aircraft Parts Plant

Business | September 7, 2015, Monday // 10:50
Bulgaria: US Co Mulls Opening Bulgaria-Based Aircraft Parts Plant

A US company is considering the option to use land near Sofia Airport to set up a aircraft parts factory there, a Bulgarian official has said.

In an announcement to daily 24 Chasa, InvestBulgaria Agency head Stamen Yanev has not disclosed the name of the company, but has made clear it is a leading parts manufacturer whose customers include "big names" in aviation industry around the world, along with producers of items such as "military helicopters".

In Yanev's words, the company, founded more than a century ago, has production facilities in US and Poland.

However, he has made clear it doesn't want to have its name and those of customers unveiled for the moment.

Over the first three years, it is intending to make investments to the tune of BGN 5-6 M (EUR 2.5-3 M) into the Sofia-based facility, Yanev has pointed out.

The company reportedly felt attracted by the successful example of Lufthansa Technik Sofia, a joint venture which was established in 2008 near Sofia Airport and has had a remarkable record of repairing aircraft used by world-leading companies.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Business » Be a reporter: Write and send your article
Tags: Stamen Yanev, InvestBulgaria Agency, Sofia Airport, Lufthansa Technik

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria