New Factory to Produce Parts for Renault in Bulgaria's Turgovishte

Business | August 23, 2008, Saturday // 00:00| Views: | Comments: 1
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Bulgaria New Factory to Produce Parts for Renault in Bulgaria??™s Turgovishte: New Factory to Produce Parts for Renault in Bulgaria's Turgovishte The Japanese corporation Yazaki is investing in a second facotry in Bulgaria, this time in the northeast city of Turgovishte. Photo by yazaki-bulgaria.com

new factory, which will produce equipment for the cars of the French brand Renault, will start manufacturing operations in the northeastern Bulgarian city of Turgovishte by the middle of 2009.

The investment will be made by the Japanese car equipment producer Yazaki through the firm Zenon-BG.

The new factory will be built on the spot of the former ship equipment plant "Nedelcho Kamov", which has been abandoned for years. The investment will be for EUR 8 M.

The new plant will be located on an area of 7000 square meters, and will employ about 600 workers and specialists, mostly women.

It will produce the complete cable installations for Renault Megane, which will be exported to France to be installed in the cars manufactured there.

The Japanese car equipment producer Yazaki already has a similar factory in the southeast Bulgarian city of Yambol, which employs 2 200 workers, and has an area of 26 000 square meters.

After Turgovishte, the company is planning to open two more similar plants elsewhere in the country.
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» To the forumComments (1)
#1
CJB - 24 Aug 2008 // 19:36:37

This is great news for the North Eastern region. Bulgaria needs more serious investments like this.

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