Text size

German automotive supplier to invest in Pleven plant

published on 3/2/24 7:10 AM

The German company Kayser Automotive will invest in a production facility for components such as piping systems, valves and tank parts in Pleven, Bulgarian Property Developments (BPD) said. The amount of the investment was not disclosed. The factory covers 5,269 sq m and can be expanded by a further 5,000 sq m. It consists of a production hall, a warehouse and an administrative area with offices and a technical maintenance area.

The company began operations in 1709 as a woollen cloth and clothing fabric factory. In 1928 its assets were sold to the ancestors of the current owner and in 1960 it entered the automotive supply industry. Today, the German investor has 12 factories and offices around the world. It also has subsidiaries in the USA, Mexico, Poland, Hungary, Spain, China, India and Japan.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy investment Kayser Automotive Pleven

More from category

Bulgargaz proposes 8% increase in natural gas price for November

The Bulgarian state-owed natural gas supplier Bulgargaz has proposed that the price of natural gas for November increases by around 8% to nearly 66 BGN per megawatt-hour, excluding fees and taxes, reported BNR's journalist Yuliana Kornazheva. The..

published on 10/16/25 5:18 PM

BNB calls on the state to pursue conservative financial policy

The growth of the national economy in the second quarter of 2025 accelerated by 3.5% on an annual basis. According to an analysis by the Bulgarian National Bank - BNB, the main factors for the acceleration are the decrease in imports..

published on 10/16/25 11:28 AM

Bulgaria’s Minister of Finance proposes that December 31 and January 2 be declared non-working days due to euro changeover

For the first time, Bulgaria’s Minister of Finance Temenuzhka Petkova took part as an observer in the regular meeting of the Eurogroup held in Luxembourg, the Ministry of Finance said. Until now, Bulgaria has only participated in Eurogroup..

published on 10/10/25 10:30 AM

WEATHER

Pick city: Sofía

Partly cloudy, chance of rain
Min: 8 | Max: 18

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Allianz Trade forecasts Bulgaria as one of CEE’s fastest-growing economies

The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer..

published on 10/22/25 2:38 PM

Share