Arsenal

Type
Business expansion
Country
Bulgaria
Region
Yugozapadna i Yuzhna tsentralna Bulgaria; Yuzhen tsentralen; Stara Zagora
Location of affected unit(s)
Kazanlak, Maglizh
Sector
Manufacturing
(24 - 25) Manufacture of metals
25.3 - Manufacture of weapons and ammunition
25.30 - Manufacture of weapons and ammunition
1,000 jobs
Number of planned job creations
Job creation
Announcement Date
5 September 2022
Employment effect (start)
6 September 2022
Foreseen end date

Description

Arsenal AD a Bulgarian weapons manufacturer will create 1000 new jobs. The new jobs will be in its production facilities in Kazanlak and Maglizh, central Bulgaria. Mainly women will be recruited for the factories. The average monthly salary will be around BGN 1,800 (900 Euro). Additional bonuses will be provided at the third and sixth months.

The plant currently employs about 6500 people and plans to increase the number to 8000.

Sources

Citation

Eurofound (2022), Arsenal, Business expansion in Bulgaria, factsheet number 107285, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107285.