# Teklas Bulgaria to build EUR15.3m automotive rubber plant in Vratsa

Teklas Bulgaria, a unit of Turkey's Teklas Kauçuk, plans to spend EUR15.3 million on a new manufacturing plant in Vratsa, Bulgaria. The first phase will take six months and initially employ 500 people.

- Type: New facility
- Announced: 2019-02-11
- Where: Vratsa, Bulgaria
- Value: $17.4M (15.3M EUR)
- Jobs: 500
- Status: announced
- Products: automotive rubber products
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Teklas Bulgaria](https://endata.com/companies/25755.md)
- [Teklas Kauçuk Sanayi ve Ticaret](https://endata.com/companies/37233.md) (investor)

## Sources

- [just-auto.com](https://www.just-auto.com/news/teklas-bulgaria-to-spend-eur15-3m-on-new-factory/), 2019-02-11: "The construction works of the first phase of the project will take six months to complete, Vratsa mayor Kalin Kamenov said in a statement after meeting with the company."

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