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Car Factory to open in Bulgarian city of Lovech
The city of Lovech in the north of Bulgaria has been announced as the site for a factory for the assembling of Chinese cars of the Brilliance brand.
The factory will be built by the newly founded company Litex Motors. The Lovech businessman Grisha Ganchev is the main investor in the company. The new factory is expected to employ 2000 local people.
The company will produce cars and motorbikes, to trade with spare parts and fuels. The cars produced in Lovech will be mainly for the markets in Bulgaria and the neighbouring Balkan countries.
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