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.
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.31 - Manufacture of electrical and electronic equipment for motor vehicles
1,200 jobs Number of planned job creations
Announcement Date
8 April 2016
Employment effect (start)
Foreseen end date
30 December 2017
Description
Global industrial technology company Sensata Technologies has announced the opening of a new manufacturing facility in Tsaratsovo near Plovdiv (Bulgaria). This business expansion will result in the creation of between 1,200 and 1,500 jobs. The new facility, which is the second largest of the group worldwide, will produce pressure sensors for a wide range of applications including the automotive industry.
The company also operates a business centre in Sofia and another plant producing temperature sensors in Botevgrad. The total workforce is of 1,850 people.
Reportedly Sensata Technologies has 19,000 employees worldwide.
Sources
8 April 2016: Kmeta.bg
8 April 2016: Economic.bg
8 April 2016: novinite
Citation
Eurofound (2016), Sensata Technologies Bulgaria, Business expansion in Bulgaria, factsheet number 87118, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/87118.
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