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Japan's Yazaki to Open New Bulgarian Factory to Service Ford



Japanese company Yazaki, a global automotive equipment supplier, is going to build a new factory with 1 500 jobs in the Bulgarian city of Sliven, the city mayor has announced.

Yazaki's new plant in the city of Sliven in South-eastern Bulgaria is to be completed by June 2012, Sliven Mayor Kolyu Milev told Radio Focus Monday.

In his words, by the end of 2012 Yazaki's new plant in Bulgaria will hire 500 people, with the number of employees swelling to 1 500 in 2013.

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About 4 000 electrical wiring systems for Ford vehicles will be produced annually by Yazaki in Sliven,"
Milev said.

He added that the new Yazaki plant will be located in the former building of Miroglio Group in Sliven.

Yazaki Bulgaria EOOD, which is 100% owned by the Japanese Yazaki Corporation, has already invested about BGN 60 M in Bulgaria, and has opened over 2 600 jobs, focusing its operations in the south-eastern city of Yambol. It is a major employer in South-eastern Bulgaria.

Sliven Mayor Milev commented Monday that the new Yazaki plant in the city will employ locals who will no longer have to commute to Yazaki's facilities in Yambol.

This is good news for Bulgaria and the region. This will bring prosperity to a part of Bulgaria that desperately needs a lift and give a whole lot of people jobs including the younger generation.

Yes Lisa this is a much need boost for the economy of Bulgaria and as stated it will create many much needed jobs in a place that is in great need of some new industry so this is a shot in the arm they need.