Visteon is expanding its software operations in Bulgaria, by relocating its 700 employees from Sofia to a new 89,000-square foot facility with plans to expand, accommodating up to 150 additional staff.
“Automotive software development is the fastest-growing segment in the global automotive industry, driven by the evolution of the connected car and autonomous driving,” said Visteon CTO, Markus Schupfner.
“Visteon’s software operations in Sofia are at the core of this evolution, providing infotainment, head-up displays and innovative solutions for the world’s leading automakers.”
Initially established as a software start-up in 2001, Visteon’s centre in Sofia has grown to become one of the company’s largest software operations globally and one of the biggest research and development facilities in Bulgaria’s technology sector.
“We are proud of what we have achieved in Visteon’s 15 years in Bulgaria; we have built excellent relationships with the Bulgarian government, business partners and the technical universities that are delivering our talented workforce,” said Visteon Bulgaria managing director, Ivan Mihaylov.
“As witnessed by our rapid growth, automotive software development provides opportunities for our employees to directly influence the future of the connected car.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData