Osram opened its first factory in Bulgaria
German lightning devices manufacturer Osram officially opened its first factory in Bulgaria.
The company invested BGN 50 mln in the creation of a facility for production of electronic control gears (ECG) for drivers and LED modules in the country’s second largest city Plovdiv.
The Bulgarian plant opens a total of 900 new job positions as a part of Osram’s Digital Lighting Systems business unit. The unit is responsible for the development, production and sales of electronic lighting components which will be sold to Osram to manage their distribution to end customers in Europe.
The official opening ceremony took place on October 19th and was attended by Bulgaria’s Deputy Minister of Economy Alexander Manolev, the Deputy Prime Minister Tomislav Donchev, the Mayor of Plovdiv Ivan Totev, as well as the Executive Director of InvestBulgaria Agency Stamen Yanev.
LATEST issue 4/2018