Sat, Jul 04 2009

Company Briefs

Mon, Apr 09 2007 09:00 CET 72 Views

AUDI SPARE PARTS
Montupet vice president Didier Crozet said the French company would start manufacturing spare car parts for Germany's Audi at its plant in Rousse, Bulgarian-language daily Pari reported. Montupet will produce spare parts Renault and Dacia as well, employing 70 specialist for the production. The first parts have to be ready by December 2007. The approval of the samples by the client will take a few months and mass production will most likely begin in May 2008. Montupet's plant will be the first one to start operating in Industrial Park Rousse. The construction of the production facilities, which will have a total area of 20 000 sq m, is supposed to be completed in June 2007.

PORSCHE CENTRE SOFIA
Investment company Orchid Developments Group Limited sold its daughter company Snowside Limited to Landmark Property Management for 13 million euro, Bulgarian-language Dnes.bg reported. Snowside Limited owns the office building Porsche Centre.

Orchid Developments benefits by about six million euro from the deal. The construction of Porsche Centre, near Sofia Airport, was finished at the end of 2006. The rental area is 8000 sq m, including offices and showrooms. Nova Televisia and the Porsche distributor for Bulgaria are among the key tenants of the place, which has 114 parking spots under and above ground level.

Write comment

Name: Comment:
Send your comment

More in this category

Cosmote Romania buys rival operator for 3G licence

Mobile operator Cosmote Romania agreed the acquisition of smaller local rival Zapp Mobile for 207 million euro on June 30, after months of negotiations.

Nabucco deal to be signed July 13

The intergovernmental agreement for the Nabucco natural gas pipeline will be signed in Ankara on July 13, it emerged on July 3.

Harnessing the wind

Bulgaria has low taxes, low labour costs and a lot of wind – a good combination for any company seeking to develop wind parks.

Creating a future in IT

On June 5 2009, US ambassador Nancy McEldowney launched the first US-Bulgarian partnership dedicated to Information Technology and Innovation.

In neutral gear

Bulgarian car parts manufacturers have been affected by the recession, but are optimistic about their future.

© 2000-2009, Sofia Echo Media Ltd.

Web Design by RIZN

The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.