EMCC European Monitoring Centre on Change

Kostal Bulgaria Automotiv

Company/Organisation:
Kostal Bulgaria Automotiv

Geographic Location

Country: Bulgaria
Region: Pazardzhik; Yuzhen tsentralen; Yuzhna Bulgaria
Location of affected unit(s): Pazardzhik

Company

Sector: Manufacturing
Manufacture of transport equipment
29.31 - Manufacture of electrical and electronic equipment for motor vehicles
Number Employed: 1200
Group: Kostal Group

Employment Effects

Announcement Date: 20-05-2019
Type of Restructuring: Business expansion
Employment Effect Start: 20-05-2019
Planned Job Creation: 1000

Additional Information

The German automotive manufacturer Kostal announced that it will provide 1,000 new jobs for its production plant based in Pazardzhik, Bulgaria. The new jobs are needed as a result of a planned expansion. Recruitment has already begun and the 1,000 job vacancies must be filled by the end of this year. The total new jobs are expected to reach 1,500 by 2020. Kostal entered the Bulgarian market in 2016 and produces electronic and mechatronic parts for the automotive industry. The plant manufactures components for more than 5 million vehicles worldwide.

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