Yazaki halts car parts production in Bulgaria due to coronavirus
SOFIA — Japanese car parts maker Yazaki said on Tuesday it was closing its three plants in Bulgaria until April 5 in response to the measures aimed at containing the coronavirus outbreak and decreased demand for its products.
Yazaki’s plant shut-downs will be in place at the company’s three plants in southern Bulgaria, affecting around 2,470 employees in the town of Dimitrovgrad and around 2,000 in the towns of Sliven and Yambol. Community Balcony Sing-Along
These measures were taken in response to the increasing spread of COVID-19 coronavirus… as well as the halt of production of vehicles and original vehicle equipment by many of our clients,” the company said in a statement.
More than 250 companies in Bulgaria produce car components for the world’s leading car makers, employing more than 65,000 workers in an industry that generates about 8% of the Balkan country’s economic output, making it one of the fastest-growing sectors of its economy.
Story continues below
This advertisement has not loaded yet, but your article continues below.
Bulgarian economists are worried that the small and open economy will take a serious hit as major car makers across the globe are shutting manufacturing over the coronavirus pandemic.
As of Tuesday, Bulgaria had 202 confirmed cases of the coronavirus, and three deaths. The Black Sea state has introduced a state of emergency, closing schools, restaurants and bars and advised social distancing until April 13.
Yazaki, a leading producer of wiring harnesses, has already shut down production or some of its activities at 20 regional plants due to the coronavirus outbreak until the end of March, the statement said.
Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Comments may take up to an hour for moderation before appearing on the site. We ask you to keep your comments relevant and respectful. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Visit our Community Guidelines for more information and details on how to adjust your email settings.