Type
Business expansion
Country
Bulgaria
Region
Location of affected unit(s)
Parvomay, Karlovo, Troyan and Smolyan
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Food, Beverages And Tobacco In Specialised Stores
47.2 - Retail sale of food, beverages and tobacco in specialised stores

300 jobs
Number of planned job creations
Job creation
Announcement Date
13 April 2022
Employment effect (start)
1 May 2022
Foreseen end date
31 December 2022

Description

BILLA Bulgaria is a retail company (supermarkets and grocery stores), subsidiary of REWE Group, planning to expand and create 300 new jobs. BILLA Bulgaria plans to open 10 new outlets in small towns as well as to upgrade five existing stores. The company will open the new stores where it still not present: Troyan (North Bulgaria), Parvomay, Karlovo, and Smolyan (South Bulgaria). The new outlets will provide 300 new jobs. The whole investment will be 32 Mln. BGN (16.4 Mln. Euro).

Currently the company has 141 outlet stores in Bulgaria.


Sources

Citation

Eurofound (2022), BILLA Bulgaria, Business expansion in Bulgaria, factsheet number 106692, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106692.