Nestlé Bulgaria

Type
Business expansion
Country
Bulgaria
Region
Yugozapadna i Yuzhna tsentralna Bulgaria; Yugozapaden; Sofia (stolitsa)
Location of affected unit(s)
Sofia
Sector
Manufacturing
(10 - 11) Manufacture of food and beverage
10.8 - Manufacture of other food products
10.82 - Manufacture of cocoa, chocolate and sugar confectionery
100 jobs
Number of planned job creations
Job creation
Announcement Date
26 June 2014
Employment effect (start)
26 June 2014
Foreseen end date

Description

Nestlé Bulgaria has announced the opening of a refurbished production line for the chocolate dessert KIT KAT in Bulgaria, Sofia. As announced the job expansion is linked with a BGN 12.8 million investment and will create more than 100 new jobs. The production site that exists for more than 75 years and in 1994 became part of Nestlé currently employs 730 people.

For 20 years in the Bulgarian market, Nestlé Bulgaria became one of the largest strategic investors in the food industry in Bulgaria, with a workforce of 1,500 across the country.

Sources

Citation

Eurofound (2014), Nestlé Bulgaria, Business expansion in Bulgaria, factsheet number 77384, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77384.