# Latecoere receives €6 million EU funding for Plovdiv aircraft parts plant

Latecoere will receive €6 million from the Juncker Plan for its new aircraft parts plant near Plovdiv, Bulgaria. The plant, part of a €110 million project, is expected to start operations by end of March 2018 and will produce doors and avionics cabinets for Airbus A320 and A330 aircraft.

- Type: Investment
- Announced: 2018-01-25
- Where: Plovdiv, Trakia Economic Zone, Bulgaria
- Value: $7.40M (6.00M EUR)
- Jobs: 200
- Starts operating: Mar 2018
- Status: under construction
- Products: aircraft doors, avionics cabinets
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Latecoere](https://endata.com/companies/17396.md)
- [European Investment Bank](https://endata.com/companies/10295.md) (investor)

## Sources

- [enterprise.bg](https://enterprise.bg/blog-news/latecoere-2), 2018-01-25: "Заводът за самолетни части, който Latecoere започна да строи през есента край Пловдив, ще получи 6 млн. евро по плана "Юнкер"."

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