Automotive components drive investors to Bulgaria - economy

Dozens of foreign firms are setting up automotive component factories in Bulgaria.

The country, which is the EU's poorest member state, is keen to attract new types of foreign direct investment after its real estate bubble burst in 2009.

The cost of labour is a major attraction. The average hourly wage for workers in Bulgarian industry is just 3.4 euros per hour, the lowest rate in the EU. The average across the bloc is 24.60 euros per hour.