# Odelo to invest EUR 40M in new headlight factory in Kuklen, Bulgaria

Turkish company Odelo, part of the Bayraktarlar holding, will invest EUR 40 million in a new plant in Kuklen, Trakia Economic Zone, Bulgaria, to produce headlights for Mercedes. Production is expected to start by the end of 2020.

- Type: New facility
- Announced: 2019-03-05
- Where: Kuklen, Trakia Economic Zone, Bulgaria, Bulgaria
- Value: $45.0M (40.0M EUR)
- Starts operating: 2020
- Status: announced
- Products: vehicle headlights
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Odelo](https://endata.com/companies/37771.md)
- [Farba Automotive](https://endata.com/companies/37772.md) (investor)

## Sources

- [balkanengineer.com](https://balkanengineer.com/news/odelo-invest-new-factory-headlights-bulgaria), 2019-03-05: "Odelo will invest EUR 40 million in a plant in Kuklen, Trakia Economic Zone, where headlights for Mercedes will be produced."

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