Search results for: automotive components

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

As global supply chains shift and regional production hubs gain greater importance, Bulgaria has steadily carved out a competitive position within Europe’s machinery and metalworking ecosystem

The sector of the Bulgarian robot suppliers and integrators has proven to increase steadily over the last years – a trend, supported by official statistics and professional association studies

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 innovative "green polyols", produced using the new technology, replace the petrochemical components of conventional polyols with less polluting alternatives or natural oils such as castor oil, soybean oil, and palm oil

Due to its highly skilled workforce and location, the automotive industry in Serbia is not just a traditional economic sector but also a sector with a promising future. Today almost all significant European and some Asian automakers receive supplies from the Serbian automobile sector

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 new factory, YFA Automotive, is located in the Technological Industrial Development Zone TIDZ Skopje 1 and will create 100 jobs

In the recent years there have been a number of successful smaller local and foreign ventures in the automotive components industry. The country provides a cost-competitive environment, free trade access to Europe, and strong local supplier base, which altogether create a welcoming business environment to foreign investors

The facility will serve German automotive components supplier Bosch. The investor’s provisions are that the new plant is to begin production in mid-March, the municipal government said