Kayser Automotive Systems is leasing a plant in Bulgaria’s northern city of Pleven this year, property investor Bulgarian Property Developments (BPD) told local media.

Under an initial 10 year agreement, Kayser would lease facilities at the logistics park BPD Pleven from the property investor, where it would manufacture components such as pipe systems, valves and tanks, BPD said in a statement cited by SeeNews.com.

The company could not disclose the financial details of the deal.

The factory covers 5,269 sq m and can be expanded by another 5,000. It comprises a production hall, warehouse and administrative area with offices and technical maintenance area.

The report said Einbeck based Kayser Automotive Systems operates 12 factories and sales offices across the US, Mexico, Germany, Poland, Spain, Hungary, China and India.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.