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 German company SAP Labs Bulgaria will be hiring over 200 new employees per year. It is expanding its team of 1400 employees, following an investment of BGN 100 million (EUR 51 million). The company has recently opened a new modern office (34800 sq. m.) in Sofia, combining the development center SAP Labs Bulgaria and the trading company SAP Bulgaria, and announced plans to continue expanding its team there. The new base of the company in Sofia is part of a 100 million leva investment and will specialise in innovations and AI. The building gathers in one place all activities and employees of the company.
Eurofound (2023), SAP Labs Bulgaria, Business expansion in Bulgaria, factsheet number 200769, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200769.