German giant to start car parts production in Bulgaria
The German supplier is to create 1,000 new jobs by utilising an existing factory in BahovitsaEuropost , Sofia
Germany's VOSS Automotive will start production of car parts in Bahovitsa Industrial Park, near the Bulgarian city of Lovech, the municipal government said on Tuesday.
The German car parts manufacturer has already 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 in a statement, adding that this will create 1,000 new jobs in the region, with production expected to start in the second quarter of 2019.
"The creation of new jobs is of utmost importance to our city and I believe this will immediately affect positively in all spheres of public life," Mayor Cornelia Marinova said.
Voss is a mechanical engineering company based in Wipperfurth, Germany. It consists of Voss Holding with its subsidiaries Voss Automotive and VOSS Fluid, as well as twelve foreign companies with production and service functions together with sales locations. It specialises in the production of fuel and coolant lines and fittings, quick connector systems, thermal management lines and fittings, and other components. In Bulgaria, the company will mainly manufacture components for passenger cars, according to the statement.