Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Bulgarian Plant Gets EUR 2 M Deal with Chinese Car Parts Maker
BULGARIAN PLANT GETS EUR 2 M DEAL WITH CHINESE CAR PARTS MAKER
Date: 17/06/2010
Source: novinite.com
Bulgarian Plant Gets EUR 2 M Deal with Chinese Car Parts Maker

Chinese car parts manufacturer KSM Dongfang is going to purchase machines and equipment for EUR 1.8 M from the Ilinden factory located in Bulgaria’s Pleven.

The deal between the KSM Castings Dongfang located in Changchun in Northeastern China and the Bulgarian company from Pleven was signed in the presence of Bulgarian Economy Minister Traicho Traikov, who is on an official trip to China.

The KSM Castings Dongfang is part of the German-owned KSM Castings Group, and produces parts for Volkswagen, Audi, Peugeot Citroen. The Bulgarian factory Ilinden is owned by the US company Counter Pressure Casting INC through its subsidiary Contraco. Counter Pressure Casting INC also owns another Bulgarian plant in the town of Sevlievo.

The machinery delivery contract will be executed in two phases – by November 2010, the Pleven factory Ilinden will provide equipment worth EUR 602 000. In the second quarter of 2011, it will deliver the rest of the machines worth EUR 1.206 M.



Topic: Business



Featured District
RAZGRAD DISTRICT AND CITY INFORMATIONRazgrad
Invest Bulgaria Charts
Tax Revenue of Bulgaria
Tax Revenue of Bulgaria

Domestic Credit of Bulgaria
Domestic Credit of Bulgaria

See all charts
Did You Know?
Bulgarian roses
Bulgarian roses
The Bulgarian roses, used to make some of the finest perfumes in the world, can not be found ... More

The town of Dobrich is the second largest economic centre in Northeast Bulgaria. The municipality's territory encompasses the town of Dobrich and the Riltsi district with a total area of 1705 hectares.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2025 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


Лимузини под наем Electric and Hybrid Modules Repair SEO оптимизация Bulgaria Translation Bulgarian Agriculture
Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works,. Maintained by Website Maintenance, the kings of Website Migration. Supported by WorldStreet


Our Featured Members