Odelo

odelo Bulgaria plans to double its investment in its newly opened plant in Trakia Economic Zone near Plovdiv to 40 million euro by 2023, increase sales to 60 million euro, and triple staff. The plant produces automotive lighting components.

Odelo, a Mercedes supplier, confirmed it will invest €40 million to open its first factory in Bulgaria, located in the Kuklen Industrial Zone near Plovdiv, with batch production expected to start by the end of 2018.

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.