South Africa company ALC will open a production facility Tuesday for luxury seats and interior for BMW cars in the village of Musachevo near the town of Elin Pelin, just outside of Bulgaria's capital Sofia.
The invesment made by the company amounts to EUR 4 M, and it has opened 500 jobs, which will build seats for the luxury BMW Series 5 and 7.
South African company Automotive Leather Company (ALC) has a long tradition of working with premier car producers, such as Mercedes, Volkswagen, Nissan, in addition to BMW.
It was interested in the village of Musachevo because of its nearness to Bulgaria's capital, the good infrastructure, and the good connection with international roads.
At present, the Bulgarian facility will be used only for sewing together of the seats, at 50% of the factory, but it is planned to be expanded.
Bulgaria's PM Boyko Borisov and Minister of Economy and Energy Delyan Dobrev are going to be present at Tuesday's opening of the facility.