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Three car models will be constructed in Lovech

Submitted on Sunday, 12 April 2009No Comment

The newspaper “Standard” informs that in eighteen months, the factory for automobile construction near Lovech has to be constructed. The factory will produce three types of vehicles – small class, average class and “jeep” type.

“On Thursday, the Bulgarian side of the project sealed the final deal with the Chinese private company Great Wall”, announced the vice-minister of economics and energetics Yavor Kuiumdzhiev.

According to preliminary data, the investment in the company is 80 million euro. The company will also open up nearly 1500 working places. According to Kumiudzhiev, this is indicative that Bulgaria is still attractive to foreign investors, and that despite decades of unsuccessful attempts at automobile making, at last Bulgaria has a chance to make a solid step on that market.

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