26 Jul 2023
A new foreign company opened its production base in Stara Zagora. "Nedschroef" is a Dutch company with over 120 years of history and businesses in 20 different locations around the world. The official presentation of the new enterprise was attended by the mayor of Stara Zagora Zhivko Todorov, his deputy Radostin Tanev, the Minister of Economy and Innovation Bogdan Bogdanov, the head of the "Investment department" of Stara Zagora Municipality Rositsa Raykova, the executive director of the Industrial Zone "Zagore" Radoslav Tanev , business representatives and media.
The new production capacity is located on an area of nearly 30,000 square meters. With the full deployment of the project, 300 new jobs will be created, the executive director of "Nedschroef" Paul Redts presented the investment. From his words, it became clear that the company received support from the state as well as from the local government, and synchronous actions during the process were a guarantee of good results.
The enterprise ranks among the largest in the automotive sector in the region. It was built with investments of over BGN 50 million, for which the commercial attache of Bulgaria in Bavaria, Stefan Yonkov, also helped. The base was designed and built by the German division of the company "Nedschroef". This became clear during the official opening ceremony. "The creation of the production base in Stara Zagora fits into Nedschroef's strategy of continuous pursuit of excellence, growth and innovation," emphasized Paul Reds to the guests.
"You can see the desire to develop business and support the regions", stressed the mayor Zhivko Todorov and thanked the Ministry of Economy and Innovation for the support in attracting investments to Stara Zagora. "It is important for us to give the opportunity to create new industries, to build industrial zones, this is how we develop the potential of the people here," Todorov said minutes before the opening of the new plant in the city. He also thanked the team of the municipal "Investments" department for the active attitude towards the creation of prerequisites for Stara Zagora to be an attractive business location.
"The investment is important not only for the region, but also for the country, because such global companies transfer to Bulgaria key technologies in the automotive industry. It confirms that the interest in Stara Zagora from investors is exceptional at the moment," Minister Bogdanov said. He pointed out that in the future, the good teamwork at the various levels will continue in order to give prospects for the development of the region.
The minister added that in the next few years the Stara Zagora region will be an even more attractive business destination. "What we want to say as institutions is that the development of the entire Stara Zagorа region will be a priority in the coming years. We need to create new jobs," emphasized Bogdanov.
Koninklijke Nedschroef Holding B.V., based in Helmond, the Netherlands, was established 125 years ago and is a symbol of innovative connectivity technology worldwide. Intelligent engineering, high-quality fasteners and individual molding technology solutions from "Nedschroef" are used in the automotive, transport and aerospace industries, as well as in engineering and energy. As one of the world's leading manufacturers of fasteners, it employs 2,300 people in 11 countries.
