02 February 2013

German company Witte-Automotive to build new plant in Ruse, Bulgaria

- Producing electronic & mechanical components for automotive industry
- Project is envisaged to be completed in March 2014

01 February 2013 - The InvestBulgaria Agency (IBA) is in a process of granting Witte-Automotive a certificate for investments class A. 

The German company Witte-Automotive will build a new plant in Ruse, Bulgaria for producing electronic and mechanical components for the automotive industry. The company works with all major car manufacturers and its total capacity is intended for export. 

On January 31st, 2013 company officials presented to the major of Ruse Mr. Plamen Stoilov a project to build a plant in the Industrial Park of Ruse where the investors have already bought two lots. The manufacturing buildings will be constructed in two phases and the project is envisaged to be completed in March 2014. It is expected by the end of this year related industries to be developed in the region as well. 

Source: InvestBulgaria Agency