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 Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.3 - Manufacture Of Wiring And Wiring Devices
400 jobs Number of planned job creations
Announcement Date
18 July 2023
Employment effect (start)
21 July 2023
Foreseen end date
31 December 2025
Description
The Austrian company Gebauer & Griller Group, a manufacturer of technically advanced, high-quality cables and harnesses for automotive and industrial applications, will invest 60 million BGN (30 million Euro) in a plant for automotive components in Ruse. The planned investment will create 400 new jobs. The new facility will produce high-tech components for electric vehicles, such as high voltage wiring harnesses. The plant will start operating with 100 employees, expecting the first ground-breaking to be made this year. Pre-production is planned for the summer of 2024, with the start of series production in the summer of 2025.
The Gebauer & Griller group is located in Europe in Austria, Germany, and Moldova, as well as in China, Mexico and in the United States.
Eurofound (2023), Gebauer & Griller, Business expansion in Bulgaria, factsheet number 109302, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/109302.
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