Sensata Technologies Awarded for Innovations

Sensata Technologies was awarded in the category “Innovation” at this year’s edition of the Business Oscars, organized by “Economy” magazine and the Confederation of Employers and Industrialists in Bulgaria (CEIB).

The award promotes company achievements in strategic business areas such as electrification, decarbonization, safety and efficiency.

Transformation and change are the ways Sensata Technologies has developed its business as a leading company in the field of industrial technology for more than 20 years. Its teams in Bulgaria develop projects from first idea to final product, with engineering and manufacturing expertise focused on both traditional internal combustion products and products for new electric and hybrid vehicle models. The company focus is to work with customers to develop a wide range of solutions for easy integration – sensor components, subsystems and complete solutions, custom hardware and software solutions, artificial intelligence and cloud-based platforms.

“We are delighted to receive high marks in this category so crucial to the development of the technology industry! We believe it is well deserved as we have achieved a lot in recent years and proved that it is possible to tackle some of the most complex challenges in the automotive, aerospace, medical and many other sectors in Bulgaria. Nearly 4,000 people from our teams in Sofia, Plovdiv, Botevgrad, Burgas and Varna design and test products, develop technologies and machines, and produce hardware and software solutions for a cleaner, more efficient, digital and connected world. Our goal is to keep working for a better and sustainable future,” said Zdravko Tsatsov, manager of Sensata Technologies’ business center in Sofia, who accepted the award on behalf of the company.

This year’s Business Oscars ceremony was held for the 33rd time. Sensata’s nomination was made by Automotive Cluster Bulgaria and the winners were determined by the members of the CEIB Board. The competition traditionally honors businesses, entrepreneurs, managers, economists and financiers who have contributed to the high success and development of the Bulgarian economy.