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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

In a special interview for the magazine arch. Stanislavov comments the current technology trends in the automotive sector and the role of Bulgaria-based electronic component manufacturers for the regional and global automotive industry

During the first day, participants had the opportunity to visit some of the facilities of suppliers specializing in automotive electronics – Visteon Electronics Bulgaria, Sensata Technologies Bulgaria and Melexis Bulgaria

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 activities of the major part of the companies operating in Bulgaria are directed towards the manufacturing of cable harnesses for the automotive industry with main clients such as Volkswagen Group, Renault, Ford, Daimler and others

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

Lighting components and systems production is a traditional industrial sector in Bulgaria which dates back to the 1940s. Today Bulgarian manufacturers of lighting products and systems successfully keep up with European and global market trends offering technologically advanced and high-quality products.

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

CAPRONI JSC - Manufacturer of Hydraulic Products

Caproni JSC produces hydraulic elements and systems for integration in mobile and stationary industrial equipment. The company products find application ... more