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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 30 000 m2 production facility will be housed on the current site of the Star Assembly factory, in the central Romanian city of Sebes

"So far, we have invested 20 million euro in our newly opened plant in Trakia Economic Zone (TEZ) near Plovdiv. The facility is located on 23 000 sq. m. By 2023, we aim to double our investment, to increase our sales to 60 million euro and to triple our staff", said

The Bulgarian electronic industry has longstanding traditions and is supported by experienced and highly qualified workforce. The Electronic Manufacturing Services (EMS) is a dynamically developing pillar of the Bulgarian electronic production industry. Components and equipment for the electronics manufacturing industry are also broadly produced in Bulgaria

A recent survey examines several SEE countries as attractive markets for automotive investments and growing in popularity manufacturing hubs. Among them are Romania, Slovenia, Serbia, North Macedonia and Bulgaria

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

The outsourcing industry in Bulgaria has marked its seventh consecutive year of double-digit growth, and now accounts for 3,6% of the country’s GDP.