Standard Profile Bulgaria plans a second plant in Stara Zagora
Standard Profile Bulgaria is opening a new production facility in the Bulgarian city of Stara Zagora. The company plans to create a total of 100 new jobs in the plant, which will produce rubber seals for the German multinational automotive corporation Daimler - Chrysler.
The first facility in Stara Zagora was built in 2004 as a part of the international "Standard Profile" group. It is manufacturing seals for the automotive industry. Statistics show that for the last 4 years the company has expanded its production capacity in Bulgaria four times. After employing 450 new workers in 2012, the total number of the people hired in the plant reached 1150.
100% of Standard Profile Bulgaria’s production is being exported. Currently the company is supplying more than 10 big automotive manufacturers, among which are - General Motors, Fiat, VW, Renault and Daimler - Chrysler, etc. The facility in Stara Zagora exports its production to four continents - Europe, North and South America and Asia.
Recently Standard Profile Bulgaria won a project for the new Opel Astra. That made the owners - the Turkish "Aktera Group", plan to invest in a second, identical plant in Stara Zagora. The facility will be constructed on an area of 4000 sq.m and will have the same capacity as the first one. It is expected to be finished in 2015 and will open 1000 new jobs, making the total number of employees in the plant exceed 2000.
LATEST issue 3/2019