Visteon Electronics Bulgaria

Type
Business expansion
Country
Bulgaria
Region
Yugozapadna i Yuzhna tsentralna Bulgaria; Yugozapaden; Sofia (stolitsa)
Location of affected unit(s)
Sofia
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.31 - Manufacture of electrical and electronic equipment for motor vehicles
150 jobs
Number of planned job creations
Job creation
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://apps.eurofound.europa.eu/restructuring-events/detail/87466.