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 27.32 - Manufacture of other electronic and electric wires and cables
800 jobs Number of planned job creations
Announcement Date
14 September 2014
Employment effect (start)
Foreseen end date
Description
Sumitomo Electric Bordnetze – Bulgaria announced plans to create 800 new jobs at its manufacturing site in Mezdra by the end of 2015.
The parts supplier for the international automotive industry is one of the largest employers in Vratza region with more than 1,100 employees.
As reported, the company will expand its activities due to a new project for cable kits for SEAT.
Sources
14 September 2014: Capital
Citation
Eurofound (2014), Sumitomo Electric Bordnetze - Bulgaria, Business expansion in Bulgaria, factsheet number 77598, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77598.
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