Weastra strategic consulting partnerBusiness consulting services
Business news from and about weastra and its market

2012

2011

2010

2009

2008

2007

2006

2005


Automotive industry in Bulgaria is reviving

20. February, 2012

Bulgaria’s automotive industry is showing first signs of revival after a mass production of cars under the Chinese Great Wall badge by Litex Motors was launched near Lovech.  In November 2011 Great Wall motors assembled the first car and became the first Chinese automaker  to start assembling cars in European Union.

The total initial investment is around 97 mil. Eur, with the potential of reaching 300 mil. EUR if the project is successful. The plant will have an annual production capacity of 50,000 units and assemble four different models.