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"Litex Motors" will invest 70 million euros in its plant

June 6, 2014


"Litex Motors" - Bulgarian car manufacturer of the Chinese brand "Great Wall", will invest in its plant in Lovech about 70 million euros in new halls for welding, metalworking and painting. The entire production process should be completed in 4 years period in the village Bahovitsa, near Lovech. At present, the enterprise mainly assembled vehicles, chassis and other components are supplied from China.


Construction of the new plants should begin in late 2015, and the annual capacity of each of the halls will be 50 thousand cars. So is the maximum capacity of the whole plant at the moment which can be increased to 70 thousand cars.