Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The Swedish industrial manufacturer AQ Group plans to create about 100 jobs until the end of 2023 in its premises in Pernik, Bulgaria. The new factory will produce sheet metal products and be responsible for the electrical integration of large-scale energy storage systems (ESS).
AQ Group intends to invest a further 2 million Euro in repairs and equipment at its facility in Pepnik by 2024 and the number of employees will rise over the next few years depending on the growth rate of the business.
The company has been operating in Bulgaria since 1996 and with a total of 1,500 employees, AQ Group owns three local subsidiaries operating five outlets in Sofia, Radomir, Godech, Kyustendil and Veliko Tarnovo.
Eurofound (2022), AQ Group, Business expansion in Bulgaria, factsheet number 107056, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107056.