THE PLANT WÜRTH ELEKTRONIK IBE IN BELOZEM HAS PRODUCED 202 MILLION PARTS THAT REACH ALL CAR MANUFACTURERS

The supplier of electronic components Würth Elektronik IBe is working in Bulgaria since 2002 when purchasing a neglected barn in Belozem and hires its first employees. In ten years the business has grown over 200 times and last year they produced 203 million parts that are built into larger components of the next in the chain and can practically reach every car on the planet. So it appears that on average at least two gadgets in every car are made in Bulgaria, said at the International Automotive conference Mr. Thorsten Jordan , Managing Director of Wurth Elektronik IBe.

The company itself is a model of rapid development. Founded in 1982 in a small garage in Germany, takes advantage of the fast growing market of electronic components in cars and currently has plants in the Czech Republic, Mexico, and China. The Bulgarian factory has 243 employees and is second after the Czech one, but it is larger than in Mexico, China and Germany.

“We have not had any problems; we are trying to think locally and give the responsibility of the local team. This formula works well.” said Jordan. Future plans envisage the transfer of new, more intelectual activities in Bulgaria to exploit the potential to create more attractive jobs for young and higheducated people.

Our story here is successful and this allows us to give advice to other investors. “Do not copy- paste a model from one to another country. This culture is different from the one in Germany, but that does not mean you can not develop a successful business.” added the manager of the Bulgarian branch Zlatan Kitanov.

Speed-Press Agency