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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale In Non-Specialised Stores 47.11 - Retail Sale In Non-Specialised Stores With Food, Beverages Or Tobacco Predominating
200 jobs Number of planned job creations
Announcement Date
9 February 2024
Employment effect (start)
9 February 2024
Foreseen end date
31 December 2024
Description
The retail chain of stores Lidl Bulgaria, a subsidiary of the German company Schwarz Gruppe, plans to open 8 to 10 new stores in 2024. Nearly 200 new jobs will be created in relation to the expansion. In 2024, the new stores that Lidl plans to open are both in large cities such as Sofia, Ruse, Burgas, and in smaller ones where the chain has not been present so far - Lom, Kavarna, Karnobat, etc. In each new facility, the company will invest an average of BGN 14 million (Euro 3.6 million). Currently the company owns 124 retail stores in 54 towns and over 4000 employees across the country.
Eurofound (2024), LIDL BULGARIA EOOD & Co, Business expansion in Bulgaria, factsheet number 200768, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200768.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
