Sumitomo Electric Bordnetze - Bulgaria

Type
Business expansion
Country
Bulgaria
Region
Severna i Yugoiztochna Bulgaria; Severozapaden; Vratsa
Location of affected unit(s)
Mezdra
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27.3 - Manufacture of wiring and wiring devices
27.32 - Manufacture of other electronic and electric wires and cables
800 jobs
Number of planned job creations
Job creation
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://apps.eurofound.europa.eu/restructuring-events/detail/77598.