Bayraktarlar Group unit inaugurates 40 mln euro plant in Bulgaria

Bayraktarlar Group unit inaugurates 40 mln euro plant in Bulgaria

Headlights manufacturer odelo Bulgaria, part of Turkey's Bayraktarlar Group, has inaugurated a 40 million euro ($44.6 million) plant in Trakia Economic Zone, the government in Sofia said on Tuesday.Nearly 400 people are expected to be employed at the plant by 2023, Bulgaria's government said in a statement.The new plant will manufacture headlights for Mercedes-Benz vehicles, according to previous statements by the company.Earlier this year, odelo Bulgaria opened a research and development centre in Sofia, where 40 people will be employed.Odelo Bulgaria is a wholly-owned subsidiary of Turkey's Farba Otomotiv Aydinlatma Ve Plastik Fabrikalari, part of Bayraktarlar Group.

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