Etem Gestamp to invest EUR 60M expanding Sofia plant for Porsche EV parts

Etem Gestamp will invest 60 million euro over two years to expand its Sofia, Bulgaria plant, increasing capacity from 35,000 to 50,000 tonnes per year. The expansion is driven by an 8-year contract to supply aluminum battery box components for Porsche electric vehicles, with serial production starting in 2023.

“The increase in capacity now is connected with the launch of new client projects, the largest being manufacture of components for Porsche electric cars.”capital.bg

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• capital.bgGreek-Spanish Etem Gestamp to invest 60 million euro to expand capacity of Sofia plantIglika PhilipovaMay 2, 2022

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