Type
Business expansion
Country
Bulgaria
Region
Severna Bulgaria; Severen tsentralen; Lovech
Location of affected unit(s)
Lovech
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.32 - Manufacture of other parts and accessories for motor vehicles

100 jobs
Number of planned job creations
Job creation
Announcement Date
13 April 2022
Employment effect (start)
1 May 2022
Foreseen end date
31 May 2022

Description

The German company, VOSS Automotive produces SCR (Selective Catalytic Reduction) systems for diesel vehicles as well as temperature management solutions for electric vehicles and announced to widen its team by 100 workers in the next weeks in its plant in Lovech, Bulgaria. Over the coming months the company will also start producing heavy-duty air suspension components and its preparing for producing also a new battery cooling systems for e-vehicles, which delivery will commence in 2023.

VOSS Automotive Bulgaria is a subsidiary of VOSS Holding Gmbh. It operates in the commercial vehicle, passenger car and off-road industry, as a producer of pneumatic, fuel, hydraulic systems, exhaust solutions, and new technologies. The holding locations include 20 points in 4 continents with more than 5000 employees worldwide.


Sources

Citation

Eurofound (2022), Voss Automotive, Business expansion in Bulgaria, factsheet number 106629, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106629.