odelo opens new production plant in Bulgaria

Stuttgart, 22. October 2019

The official opening ceremony of odelo Bulgaria EOOD, the new production plant in Kuklen, Bulgaria, took place on Tuesday 22 October.

The latest odelo plant in Bulgaria, with a total of 23,000 m², was officially opened on 22 October together with the Bulgarian Prime Minister Boyko Borisov, the Turkish Ambassador in Bulgaria, Dr. Hasan Ulusoy, the CEO of the odelo Group, Ahmet Bayraktar, the Deputy Prime Minister Tomislav Donchev, some government and municipal representatives, the odelo employees and many other esteemed guests.

"This location is currently our most modern plant and combines the experience of all previous plants," said Mr. Bayraktar in his opening speech. He also announced that the plant was officially ready to supply combination rear lamps to the world's largest automakers.

The new plant currently offers space for approximately six projects. However, the odelo Group plans to increase its investments in Bulgaria to 40 million euros by 2023, to increase its turnover to 60 million euros and to triple the number of employees to 450.

Prime Minister Boyko Borisov emphasized the importance of such investments in the country, because they are very beneficial for the Bulgarian economy. "I would like to thank the Bulgarian workers, engineers and programmers because it is thanks to their hard work and qualifications that such important investors come to Bulgaria," Mr Borisov said.


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Press Contact

Ms. Hellstern
press [at] odelo.de

odelo is a company of the Bayraktarlar Group.
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