|
|
Chinese Company to Built Car Factory Near Bulgaria's Lovech
|
The Chinese company Great Wall presented their idea to build in partnership with Bulgaria a car factory near the city of Lovech.
The project was announced during a meeting on Tuesday between the Bulgarian Prime Minister Sergey Stanishev and two of Great Wall's Vice Presents, the Cabinet's press center reported.
The investment is estimated at EUR 89 M, while the new factory would open nearly 1,500 new job opportunities for the city's residents.
The project is scheduled to start in the beginning of 2009 with the perspective of Lovech to become a major center for the entire line of Great wall automobiles.
The Bulgarian PM declared support for the project and underlined that the Bulgarian Cabinet had future investments in the country's economy as a top priority.
Stanishev stated that various car makers had expressed interest in manufacturing cars in Bulgaria despite the sector's worldwide difficulties due to the global financial crisis.
Stanishev pointed out that Bulgaria had as major advantages the country's good business climate, tax legislation, qualified work force.
The Great Wall representatives confirmed their firm intention to realize the project, adding that they were looking ahead in the future and did not plan to freeze their investments, despite the looming crisis.
The Chinese investors spoke about their company as a socially responsible business with excellent work conditions, sound environmental policies and programs for employment of disadvantaged individuals.
Great Wall Motor Company Limited is the first privately-owned auto company of China listed in the Hong Kong Stock Market. Its products cover Passenger Car, SUV, MPV and Pickup. Great Wall Company owns more than 20 subsidiaries with over 18,000 employees. At present, it has the production capability of 400,000 units of whole vehicles, and the independent matching ability of the core parts, such as engines, front and rear axles, and others.
In April, 2006, Great Wall Motor was awarded "Export Recommended Brand" by Chinese Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME).
Since 2004, Great Wall Motor has been listed among "the Top 10 Listed Privately-Owned Enterprises", "the Top 500 Chinese Enterprises", "the Top 500 Chinese Mechanical Firms", "the Top 500 Chinese Manufacturing Firms", "the Top 500 Chinese Industrial Enterprise", "the Top 30 Chinese Automotive Industry in Terms of Sales Turnover", and "the Champion of the Top 100 Privately-Owned Enterprises of Hebei Province".
|
|
all news >>
|
 |
 |
 |
Bulgarian Properties |
Cheap Properties in Bulgaria >>
 |
 |
Everyday is a new begining - SRUS2389
Brief: Houses for sale near Pleven
Area: 100 sq.m.
Price: 19950 EUR
|
|
 |
 |
Agricultural Land for sale in Bulgaria-Bulgarian Property - SLAND02
Brief: Agricultural land for sale near Ruse
Area: 11000 sq.m.
Price: 3300 EUR
|
|
 |
 |
Breakaway! My Bulgarian Property RUS4370
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 10700 EUR
|
|
 |
 |
Forest Hills and Healing Air Bulgarian Property RUS1692
Brief: Houses for sale near Ruse
Area: 110 sq.m.
Price: 19600 EUR
|
|
 |
 |
Where the sea starts from your window - Bulgarian Property near Cape Kaliakra - RUS1960
Brief: Land for sale near Balchik
Area: 12900 sq.m.
Price: 580500 EUR
|
|
 |
 |
Amazing luxury house in the Mountain - My Bulgarian Property - RBP13
Brief: Houses for sale near Veliko Tarnovo
Area: 512 sq.m.
Price: 1000000 EUR
|
|
 |
 |
Only for SMART Investors! Bulgarian Property - RUS1542
Brief: Land for sale near Varna
Area: 98000 sq.m.
Price: 3822000 EUR
|
|
 |
 |
Wonderful opportunity for holidays and business - Bulgarian Property - RUS1250
Brief: Houses for sale near Ruse
Area: 120 sq.m.
Price: 11600 EUR
|
|
 |
 |
What a wonderful life Invest in Bulgaria - RUS1562
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 4600 EUR
|
|
 |
 |
Bulgarian Property - When the time is right - RUS1246
Brief: Houses for sale near Ruse
Area: 120 sq.m.
Price: 14600 EUR
|
|
 |
 |
When the mountain starts right from your window - Bulgarian Property - RUS1225
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 7800 EUR
|
|
 |
 |
A place you hardly wait to possess - Bulgarian Properties - RUS1234
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 19400 EUR
|
|
 |
 |
The rural temptation RUS1410
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 7200 EUR
|
|
 |
 |
You rural hit in Bulgarian - RUS1408
Brief: Houses for sale near Ruse
Area: 70 sq.m.
Price: 9800 EUR
|
|
More Properties in Bulgaria >>
|
 |
 |
 |
|
|
|
| PROPERTY SERVICES |
|
|
|
|
|
| MORE SERVICES |
|
|
|