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
150 jobs Number of planned job creations
Announcement Date
11 May 2016
Employment effect (start)
11 May 2016
Foreseen end date
30 December 2016
Description
Visteon Electronics Bulgaria, a supplier of cockpit electronics and technology for connected car, is to expand its software operations in Bulgaria and to create 150 new jobs by the end of 2016. This business expansion follows a significant increase in demand for software services.
Visteon's software centre in Sofia employs more than 700 people and there are plans to expand the facility to accommodate the 150 additional employees.
Visteon Electronics Bulgaria is part of global automotive electronics supplier Visteon. The company employs more than 11,000 employees worldwide and it is a supplier for the car industry, including BMW, Daimler, Ford, General Motors, Nissan and Hyundai.
Sources
11 May 2016: Capital
Citation
Eurofound (2016), Visteon Electronics Bulgaria, Business expansion in Bulgaria, factsheet number 87466, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/87466.
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