French company to create 1,200 jobs in Varna

Somfy, the international group which is a world leader in automatic systems for control of opening and closing of homes and buildings, is pondering investment in their first plant in Bulgaria. The company plans to build a high-tech base for assembling electric motors and electrical drive mechanisms in the district of Varna, Bulgarian National Radio reports.

During their visit to Bulgaria and meeting with Varna district administration, the reps of the company said that they could create 1,200 jobs, with 1,000 of them involved in immediate production and 200 in administration. “Somfy sets foot in Bulgaria for the first time. So far, Bulgaria's official competitors for this plant are Romania, Croatia and Poland. However, during the talks it became clear that the company has already chosen Varna mainly because of the six universities and three technical colleges in the city, as qualified workforce is of great importance to them,” said Stoyan Pasev, District Governor of the Varna region.

It transpires from the report that the plant will not manufacture parts, but will only assemble electric motors for garage doors roller shutters' operation. The company's management wants the plant to be located not farther away than 50km from Varna, and its useful area will be 6ha, of which 2ha will be the built-up area.

The French company was founded in 1969, it employs 10,000 workers and operates on over 60 world markets including Romania, Greece, Turkey, Serbia, as well as all countries of Western Europe. The company is also present in North America, the Middle East and China.

Similar articles

  • Five bidders competing for Sofia Airport concession

    Five bidders competing for Sofia Airport concession

    Five internationally known investors have submitted bids for the Sofia Airport concession, the International Finance Corporation (IFC) said in a press release. Bids are being checked for compliance with the tender requirements, and the technical and financial offers will be opened in a public ceremony on May 9, 2019. All project documents have been published on the project website, www.concession-sof.bg, and are accessible to the public to ensure transparency and legality of the process.

    173