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.
Severna i Yugoiztochna Bulgaria; Severen tsentralen; Gabrovo
Location of affected unit(s)
Sevlievo
Sector
Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 27.1 - Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus 27.12 - Manufacture of electricity distribution and control apparatus
180 jobs Number of planned job creations
Announcement Date
20 September 2022
Employment effect (start)
21 September 2022
Foreseen end date
31 October 2022
Description
Hitachi Energy Bulgaria is expanding the production of high voltage products and will create 180 new jobs in its factory in Sevlievo. The new production facility was officially opened on September 21 and adds 6200 sq. m. of production area. After the opening the number of employees will rise to over 800.
Currently the factory covers an area of 74000 sq. m. Hitachi Energy Bulgaria manufactures high-voltage components for gas insulated switchgear (GIS) generator circuit breakers (GCB), control cabinets (LCC) and capacitor banks (MECB). The factory is equipped with state-of-the-art machines and automation of the process. The investment is 20 million BGN (10 Mln. Euro).
Hitachi Energy Bulgaria became an owner of former ABB Power grid production facilities in Bulgaria in 2018.
Eurofound (2022), Hitachi Energy, Business expansion in Bulgaria, factsheet number 107516, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107516.