Nedschroef Bulgaria

Type
Business expansion
Country
Bulgaria
Region
Severna i Yugoiztochna Bulgaria; Yugoiztochen; Stara Zagora
Location of affected unit(s)
Stara Zagora
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.32 - Manufacture of other parts and accessories for motor vehicles
300 jobs
Number of planned job creations
Job creation
Announcement Date
19 July 2023
Employment effect (start)
19 July 2023
Foreseen end date
31 December 2023

Description

The Dutch engineering and manufacturing company Royal Nedschroef Holding has opened its new automotive parts plant in Stara Zagora, creating 300 new jobs. The investment is worth more than 50 million BGN (25 million Euro). In the new factory, high-tech components for the automotive industry will be produced. The facility is located on an area of 30,000 square meters in the industrial zone of Stara Zagora. The plant ranks among the largest in the automotive sector in the region.

Royal Nedschroef Holding, which has its main quarters in the Netherlands, employs 2300 people in 11 countries worldwide.

Sources

Citation

Eurofound (2023), Nedschroef Bulgaria, Business expansion in Bulgaria, factsheet number 109301, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/109301.