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The South-East European (SEE) region has become a significant manufacturing and development center. Thanks to its strategic geographical location, relatively low production costs and the strong presence of international concerns such as Odelo, Marelli, Hella, Valeo and OPmobility, countries such as Romania, Slovenia, Serbia and Bulgaria are playing an increasingly important role in the global supply chain

Nine out of ten automobiles in Europe contain parts that were manufactured in Bulgaria. 80% of all the sensors in European cars were also produced in the country. The automotive parts manufacturing is one of the fastest developing sectors in Bulgaria today, growing with around 8% per annum. There are more than 270 companies in the industry, many of which producing components for global automotive brands

The production of automotive components is one of the fastest growing sectors of the Bulgarian economy in recent years. According to the Bulgarian Investment Agency, 80% of all sensors and over 90% of airbag sensors in European cars are produced in Bulgaria

The facility increases the voltage of the electricity produced by the turbine and the generator to levels that are necessary to ensure the electricity transmission along the power lines and deliver at low losses to the households and businesses

In Smederevska Palanka, the Kyungshin Cable plant will produce components for high-tech electric car batteries, as well as parts for traditional cars

Turkey`s automotive industry has longstanding traditions in the country and from assembly-based production gradually became an industry with R&D design capability and high added value. The sector has been of key value to local production input over the years, with the partnerships established by foreign companies with Turkish entrepreneurs

Four of the six candidates were pre-qualified after the assessments came to the conclusion that they had met the serious technical and financial criteria and provided letters of intent from financial institutions.

Visteon started its history as a spin-off from Ford Motor Company that had just acquired Johnson Controls’s electronics business. 

Nursan Otomotiv is the Bulgarian subsidiary result of a joint collaboration between Nursan Electric Donanam and Koush Group.