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Montupet to Construct Bulgaria Plant

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Montupet S.A., the French aluminium wheel manufacturer, is to put 70 million levs (£24.6 million) in the construction of a new production plant in Bulgaria, according to the Bulgarian investment agency.

The wheel manufacturer plans to build the new plant in the town of Rousse, on the Danube, and will produce hubcaps, motor parts and chassis for Renault, Peugeot, Citreon, Audi and Ford.

The Rousse project marks Montupet’s first investment in Bulgaria, where it will employ 867 people and export components to Turkey, Romania, Czech Republic and Slovakia.

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