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China’s Yutong Bus eyes Bulgarian market – econ ministry

Nov 20, 2012, 4:53:30 PMArticle by Velizar Uzunov
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SOFIA (Bulgaria), November 20 (SeeNews) – China's leading bus manufacturer Yutong Bus is considering entering the Bulgarian market, the Southeast European country's economy ministry said on Tuesday.

China’s Yutong Bus eyes Bulgarian market – econ ministry

The company plans to launch production in Bulgaria together with local company Litex Motors that operates a car factory in the country in partnership with Chinese automaker Great Wall Motors, the ministry said in a statement.

Yutong Bus controls 25% of China’s domestic market and 15% of the Asian country’s buses export. Its sales rose by 11.97% to 39,018 in the January-October period, according to information published on its website.

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Bulgaria Economy Report Q4 2023
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