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 Computer, Electronic And Optical Products 26.5 - Manufacture Of Instruments And Appliances For Measuring, Testing And Navigation; Watches And Clocks
110 jobs Number of planned job creations
Announcement Date
27 February 2024
Employment effect (start)
27 February 2024
Foreseen end date
31 December 2024
Description
Schneider Electric Bulgaria, a manufacturer of electrical components, plans to create 110 new jobs at a factory in Plovdiv, to assemble, test and package circuit breakers and other low-voltage electrical products.
Schneider Electric Bulgaria is a subsidiary of the French multinational Schneider Electric, which provides various products and services related to energy management, industrial automation, and electrical distribution. The company received a certificate for priority investment for its project "Low Voltage Electrical Products Assembly Factory". The investment is BGN 107 million (EUR 55 million) is aimed at creating a "smart production building" - with a Smart factory certificate
Eurofound (2024), Schneider Electric Bulgaria, Business expansion in Bulgaria, factsheet number 200945, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200945.
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