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.
Manufacturing Manufacturing Of Furniture And Other Manufacturing Other Manufacturing 32.50 - Manufacture Of Medical And Dental Instruments And Supplies
100 jobs Number of planned job creations
Announcement Date
20 September 2023
Employment effect (start)
20 September 2023
Foreseen end date
31 December 2023
Description
Ottobock Bulgaria EOOD, the Bulgarian subsidiary of the German company Ottobock which is a world leader in the production of high-tech and bionic prostheses, has opened a new manufacturing complex and service centre in Sofia. The new investment will create 100 new jobs.
Ottobock currently employs more than 300 people in its Blagoevgrad production complex. The restructuring is part of the company's strategic plan to increase its presence and investments in Bulgaria. The company has already invested nearly 22 million euros in the country.
Eurofound (2023), Ottobock Bulgaria EOOD, Business expansion in Bulgaria, factsheet number 200340, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200340.
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