For a meeting at the Invest Bulgaria Agency (BIA) we were visited by Arno Hasselhorst – CEO of Gebauer & Griller Group, Dr. Matthias Hornemann – Vice President of the company and Stefan Ionkov – Head of Commercial and Economic Office of the Republic of Bulgaria in Munich.

The Investment Agency has been actively working for several months to attract the investor to Bulgaria. The company plans to invest BGN 60 million in several phases and is expected to gradually create around 400 new jobs.

At the meeting Hristo Etropolski – Acting Executive Director of IBA presented the activities of the Agency, the incentives under the Investment Promotion Act (IPA) and how the Agency can assist in the implementation of the investment project, which is planned to be implemented on the territory of Ruse Municipality.

Gebauer & Griller Group is a global, family-owned business group that manufactures technically advanced, high-quality cables and harnesses for automotive and industrial applications. The manufacturer of cable and electronic components has multiple locations on three continents: in Europe – Austria (Vienna, Poissdorf), Germany (Munich, Ingolstadt, Sindelfingen), Moldova, in the USA, in Mexico and in China.