EMCC European Monitoring Centre on Change

Visteon Electronics Bulgaria

Company/Organisation:
Visteon Electronics Bulgaria

Geographic Location

Country: Bulgaria
Region: Sofia (stolitsa); Yugozapaden; Yuzhna Bulgaria
Location of affected unit(s): Sofia

Company

Sector: Manufacturing
Manufacture of transport equipment
29.31 - Manufacture of electrical and electronic equipment for motor vehicles
Number Employed: 700
Group: Visteon

Employment Effects

Announcement Date: 11-05-2016
Type of Restructuring: Business expansion
Employment Effect Start: 11-05-2016
Foreseen End Date: 30-12-2016
Planned Job Creation: 150

Additional Information

Visteon Electronics Bulgaria, a supplier of cockpit electronics and technology for connected car, is to expand its software operations in Bulgaria and to create 150 new jobs by the end of 2016. This business expansion follows a significant increase in demand for software services.

Visteon's software centre in Sofia employs more than 700 people and there are plans to expand the facility to accommodate the 150 additional employees.

Visteon Electronics Bulgaria is part of global automotive electronics supplier Visteon. The company employs more than 11,000 employees worldwide and it is a supplier for the car industry, including BMW, Daimler, Ford, General Motors, Nissan and Hyundai.