# Latecoere inaugurates new EUR 15 million plant in Plovdiv, Bulgaria

Latecoere inaugurated a new plant in Plovdiv, Bulgaria, on September 12, 2018, with a total investment of about EUR 15 million. The facility will assemble avionic racks and aerostructures sub-assemblies for Airbus programs, with initial production of A350 avionic racks delivered in early September.

- Type: New facility
- Announced: 2018-09-12
- Where: Plovdiv, Bulgaria
- Value: $17.6M (15.0M EUR)
- Jobs: 200
- Starts operating: 19 Sep 2018
- Status: completed
- Capacity: over 200,000 hours of annual production by end of 2019
- Products: avionic racks, aerostructures sub-assemblies
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Latecoere](https://endata.com/companies/17396.md)
- [Airbus](https://endata.com/companies/1653.md) (customer)

## Sources

- [latecoere.aero](https://www.latecoere.aero/en/latecoere-new-plant-bulgaria/), 2018-09-14: "The Bulgarian plant is a great example of European aeronautical cooperation, built upon Latecoere’s industrial excellence and the common ambition to shape the aviation of tomorrow."
- [novinite.com](https://www.novinite.com/articles/192231/The+Plant+for+%E2%82%AC+15+Million%2C+which+will+make+Parts+for+Airbus+Aircraft+near+Plovdiv), 2018-09-20: "The project was announced last year, after which the Bulgarian subsidiary Latecoere Bulgaria was founded."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.