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Yazaki co to invest 20 mln euro in Bulgaria over 2 yrs

Рубрика: Property news Източник: Dnevnik Yazaki, the Japanese producer of electric and electronic systems for the automotive industry, plans to invest 20 mln euro in the plant it is building in Yambol, South-eastern Bulgaria. The electric systems factory should be ready by early '09. At the beginning of '07, Yazaki won a sealed-bid tender for a 51,400 sq m municipal plot in Yambol. It paid 411,100 levs and pledged to invest no less than 45 mln levs in production facilities no later than 24 months of the receipt of the construction permit. The Japanese company plans to create 2,685 jobs by Jun '10