Zhengzhou Yutong Bus Co. is planning to build a factory in Bulgaria, according to the daily Dnevnik. The Chinese company just signed a contract to produce 110 buses for Sofiaās public transport company. The buses are set to be delivered this fall.
Kent Chang, the deputy director of Zhengzhou Yutongās international business department, said the company wants to expand its European presence and saw many āadvantagesā in Bulgaria. The company is active in 15 countries and sold 67,018 buses in 2015.