SoftServe

Type
Business expansion
Country
Bulgaria
Region
Yugozapadna i Yuzhna tsentralna Bulgaria; Yugozapaden; Sofia (stolitsa)
Location of affected unit(s)
Sofia
Sector
Information / Computing
63 - Computing infrastructure, data processing, hosting and other information service activities
63.1 - Computing infrastructure, data processing, hosting and related activities
63.10 - Computing infrastructure, data processing, hosting and related activities
200 jobs
Number of planned job creations
Job creation
Announcement Date
18 March 2014
Employment effect (start)
18 March 2014
Foreseen end date
18 March 2015

Description

US-based global software development and IT consultancy services provider SoftServe is to open a software development centre in Sofia. 1,000 jobs are expected to be created in the next 5 years of which 200 ones within the next year. As announced, the expansion plan is part of the company’s corporate global strategy.

With a total workforce of 3,200 people in North America and West and Eastern Europe, the company provides outsourcing to many companies worldwide. As reported, the company made the strategic choice to expand in Bulgaria since it ranks highly worldwide in highly educated IT professionals.

SoftServe was founded in 1993 in Ukraine.

Sources

Citation

Eurofound (2014), SoftServe, Business expansion in Bulgaria, factsheet number 77383, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77383.