Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Robert Bosch GmbH announced the closure of its Bosch Engineering Center Sofia, resulting in approximately 670 redundancies. The restructuring will be implemented in two phases, with around 400 employees expected to leave in 2026 and the remaining 270 by mid-2027.
The engineering centre, located in Sofia Tech Park, specialises in automotive technologies, including driver assistance systems, automated driving and electromobility. According to the company, the decision is driven by declining automotive production volumes, the ongoing technological transformation of the automotive sector, slower-than-expected uptake of electric vehicles and autonomous driving technologies, and changing market demand. Affected employees will receive compensation equivalent to six gross monthly salaries.
This event is a subset of the broader Bosch global dismissal Bosch 2024 - DE
Eurofound (2026), Robert Bosch, Closure in Bulgaria, factsheet number 300804, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300804.
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