Bulgarian company to produce cables for Mercedes and Cadillac
The worldwide automobile supplier Nexans Autoelectric, based in Southern Germany, is planning the construction of a modern assembly facility in Pleven, Bulgaria through its local subsidiary Electrocabel Bulgaria.
The modern assembly facility of 5 000 sq.m will produce cable harnesses for leading European automobile manufacturers like Mercedes, Cadillac and Opel. Elektrocabel Bulgaria is planning to invest several million euros in the new plant. At full capacity, it will open 600 new in the fields of production, administration, logistics, quality assurance and process engineering.
The project is expected to be finished by the end of 2014. The renowned automobile developer and producer of cabling systems and electro-mechanical components for conventionally-powered vehicles as well as for E and hybrid vehicles Nexans autoelectric chose the region of Pleven after having explored investment opportunities in several countries in Eastern Europe. The good infrastructure, the excellent labor market and the accession of Bulgaria to the European Union were specifically decisive, the company disclosed.
"In choosing the location, we have taken our time for an in-depth analysis, and we are confident that we will be able to supply our customers already with high-quality products by the end of 2014," commented the responsible project manager Michael Kroop.
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