GG Group to build €29M automotive components plant in Ruse, Bulgaria

Gebauer & Griller Group (GG Group) will invest nearly BGN 60 million (EUR 29 million) to build a 13,000 m² plant in Ruse, Bulgaria, for high-tech automotive components. Groundbreaking is in 2023, pre-series production starts summer 2024, series production summer 2025, creating about 400 jobs.

“The completion of the new plant and the start of pre-series production is planned for the summer of 2024 and the start of series production — for the summer of 2025.”mi.government.bg

• 2 sources
• mi.government.bgMinister Bogdanov: Investment for BGN 60 million in a plant for automotive components will create nearly 400 new jobs in Ruse ● Ministry of Economy, Investments and IndustryJul 18, 2023
• bta.bgBTA :: Global Manufacturer to Invest BGN 60 Mln in New Factory in RuseJul 18, 2023

Summarized from public sources; check the original articles before acting on it.