Bulgarian Automotive Industry Contributes Over 10% to National GDP

There are currently 380 companies operating in the Bulgarian automotive industry, with the sector employing more than 80,000 people and accounting for over 10% of the country's gross domestic product, Automotive Cluster Bulgaria (ACB) said in a press release on Wednesday.

Parts and components made in Bulgaria have been used in between 80% and 90% of vehicles produced in Europe. "We are proud that the automotive sector has been one of the fastest-growing industries in the country over the last 12 years, building an excellent ecosystem of high-tech companies....