REGIONAL NEWS
12.05.2009 First Bulgarian Car Factory to Be Built Near Town of Lovech
lev.bg
One of the largest Chinese companies Great Wall together with Litex Motors will build a production base for Bulgarian cars. The investment is worth 80 million Euro as 1,000 new jobs will be created for the realization of the project.
The government supported the project after in February 2009 the InvestBulgaria Agency signed a certificate for a class-A investor as a party in the Bulgarian-Chinese investment.
The production of the first lot of SUVs with the name Hover is expected to start at the end of 2010 and the number of people working in the plant is expected to be almost 3,000.
According to Prime Minister Stanishev in the conditions of a global economic crisis clever developers make long-term investments because at such times every position and capital investment counts. They will make the municipality of Lovech and the whole region competitive on the car-making market, he added.
View our offers in/near Lovech
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18/November/2011
www.jobs.bg/hc
Litex Motors’ team of young engineers manufactured the first Great Wall car from the test production in the company’s factory near the town of Lovech. The car is Great Wall Voleex C10.
Thus Litex Motors begins testing and synchronizing the equipment and the production lines in the factory and introducing the system of quality of the manufactured cars. The qualified staff in the fact... read more
29/July/2011
Trud Daily, 27.07.11, excerpt
„Total loss!" This is how a real estate agent would react if you told them that 4-5 years ago you bought an off-plan seaside apartment for 1,300 EUR/sq.m. and now, after finishing and furnishing it you want to sell it for at least 700 EUR/sq.m.
This is the reality for foreigners looking to sell their properties in Bulgaria now. In most cases they are UK citizens who came in great nu... read more
18/November/2011
www.jobs.bg/hc
Litex Motors’ team of young engineers manufactured the first Great Wall car from the test production in the company’s factory near the town of Lovech. The car is Great Wall Voleex C10.
Thus Litex Motors begins testing and synchronizing the equipment and the production lines in the factory and introducing the system of quality of the manufactured cars. The qualified staff in the fact... read more
11/April/2012
novinite.com, 10.04.2012
Bulgarian property prices are largely expected to be unchanged in 2012 as real estate markets around the country remain at a standstill, brokers say.
Average prices in the capital city Sofia were around EUR 735 per square meter during the first quarter of the year, from EUR 730 in the ... read more
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