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 Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22 - Manufacture of rubber and plastic products
250 jobs Number of planned job creations
Announcement Date
3 May 2005
Employment effect (start)
Foreseen end date
Description
The Turkish Standart Profil Otomotiv Sinayi ve Ticaret Anonim Sikerti will invest €8 million in the construction of a rubber insulation plant in Stara Zagora. Over 11,000 square meters will be used to build the production premises and stores. The firm has more than 1,300 employees in the town of Duzce, Turkey, and produces parts for Ford, Renault, FIAT Tofas and Honda.
Sources
3 May 2005: Pari
Citation
Eurofound (2005), Standart Profil Otomotiv Sinayi ve Ticaret Anonim Sikerti, Business expansion in Bulgaria, factsheet number 61566, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61566.
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