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

Bulgaria ranks second in EU for house price growth in early 2025 – Eurostat

Bulgaria recorded the second-highest annual house price growth in the European Union in the first quarter of 2025, according to Eurostat data released this week. A 100 square meter apartment in Bulgaria costs 199 average monthly salaries Property..

published on 7/17/25 11:15 AM
Minister of Finance Temenuzhka Petkova

Temenuzhka Petkova: June inflation is expected to meet the euro area price stability criterion

Bulgaria’s Minister of Finance Temenuzhka Petkova announced that Bulgaria is expected to meet the eurozone's price stability criterion again in June. According to Minister Petkova, monthly inflation for June was 0.4% compared to May, when inflation was..

published on 7/16/25 1:21 PM

Bulgaria places international Eurobonds for the second time in 2025 for 3.2 billion euros

With record interest, Bulgaria's Ministry of Finance has successfully placed debt on international capital markets, the institution announced. Two tranches of bonds in euros were sold. The 10-year bonds were for 2 billion euros with an annual interest..

published on 7/16/25 10:09 AM