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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
400 jobs Number of planned job creations
Announcement Date
12 February 2014
Employment effect (start)
1 March 2014
Foreseen end date
29 February 2016
Description
Luxoft, a Russian IT company, announced it is to create 400 new jobs with the opening of a new research and development centre in Sofia in March 2014.
The opening is part of Luxoft's strategy to increase its presence in Central and Eastern Europe. The new centre is to provide IT solutions and software development services for financial service providers.
The centre is expected to be fully operational by 1 March 2014 and it is expected to employ 400 employees in the first two years of operation.
Sources
18 February 2014: novinite
12 February 2014: Investor
Citation
Eurofound (2014), Luxoft, Business expansion in Bulgaria, factsheet number 76664, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76664.
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