Wheel and Parts Plant for Bulgaria

In Sofia, Bulgaria’s Economy and Energy Minister Rumen Ovcharov and the Vice President of French company Montupet, Didier Crozet, are expected to sign the contract for the construction of an aluminium car parts manufacturing plant in the Industrial Park of Russe. The total investment will be 70 million Bulgarian Leva (35 million Euros) and 500 new jobs will be created in a three-year period.

It was last year that the Bulgarian government approved Montupet’s plan to build a plant at the town of Russe by the Danube River for the production of aluminium wheel rims, engine and chassis parts for Renault, Peugeot, Citroen, Audi and Ford.

The new plant will export parts to car factories in Turkey, Romania, the Czech Republic and Slovakia.