MD Elektronik expands its production in Bulgaria
MD Elektronik announced its plans to establish a new location in Vratsa, Bulgaria. The automotive supplier intends to build a production plant near Sofia, the capital of Bulgaria, where data cables and electronic components for numerous car manufacturers and system suppliers will be manufactured.
“The location in Bulgaria and the associated increase in flexibility play an important strategic role in our global production network, in particular, for our customers in Europe”, said Ralf Eckert, member of the Management Board.
“The location in Bulgaria has been primarily selected for the good educational level, its central location, well-established infrastructure and logistical framework conditions. The plant is located in the industrial area of the city of Vratsa. The establishment will already be starting in the course of 2019, on a production and logistics area of 10 000 square meters. Production is expected to start in 2020, and will create approximately 300 new jobs in the medium term”, the company announced on its website.
LATEST issue 3/2020