Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

German automotive supplier to invest in Pleven plant 

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!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgarian Ministry of Transport confirms priority of Corridor No. 8 connecting the Adriatic with the Black Sea

Bulgaria's Ministry of Transport has been working for years to develop Corridor No. 8, connecting the Adriatic with the Black Sea through Albania, North Macedonia and Bulgaria. Of the 1,220 km of railway line along the corridor, 747 km are on the..

published on 3/15/25 10:57 AM

The Eurozone and Bulgaria – from enthusiasm to skepticism

A little less than a month ago, Minister of Finance Temenuzhka Petkova presented, in Brussels, the headway Bulgaria has made along the road to joining the Eurozone. There, she stated that with its prudent fiscal policy, the country had earned its..

published on 3/14/25 2:23 PM

New destinations and digital solutions in tourism at the Holiday and SPA Expo 2025 in Sofia

From March 9 to 11, 2025, Inter Expo Center in Sofia plays host to the 41st edition of Holiday & SPA Expo. The event, organized with the support of the Bulgarian Ministry of Tourism, traditionally becomes a meeting point for leading experts,..

published on 3/8/25 7:10 AM