Bulgaria’s ZS Europe invests EUR 9.7 mln into new plant

12 June 2024

Bulgarian car parts manufacturer ZS Europe, part of China’s Shanghai Unison Aluminium Products, is investing nearly EUR 9.7 million in a new high-tech plant, according to the innovation ministry in Sofia.

The facility, which will be located in the Trakia Economic Zone near the second-largest city of Plovdiv, will manufacture aluminium parts for the automotive industry and is expected to create 100 jobs.

“This project is a serious step forward in the development of Bulgarian-Chinese economic relations and the location for its implementation – Plovdiv – has proven to be an attractive centre for investments. This is shown by the four projects that the ministry of innovation and growth certified in 2023 in the region, with a total value of nearly 135 million levs and the creation of over 330 jobs,” caretaker deputy minister of innovation Krasimir Yakimov said.

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