05:29

08.08.18

1 min.

German VOSS Automotive commits 7 million euro on new Bulgarian plant

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German VOSS Automotive commits 7 million euro on new Bulgarian plant

Car-equipment maker VOSS Automotive will put new technologies in operationworth 7 million euro at a new for the company production site in Bulgaria's Bahovitsa Industrial Park, near the city of Lovech in northern Bulgaria. VOSS recently leased the facility, local authorities said.


The company's production facility is expected to commence operations in May 2019 and reach full capacity by 2020, the Lovech municipality said in a statement following a meeting of mayor Korneliya Marinova with company officials.


The German car-parts manufacturer has signed a long-term agreement for the lease of 12,225 sq. m of the automotive production site located in the industrial park, the Lovech municipal government said last month.


VOSS Automotive will employ 1000 people for its new Bulgarian operation. The company specialises in the production of fuel and coolant lines and fittings, quick connector systems, thermal management lines and fittings, and other components.



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