Type
Business expansion
Country
Bulgaria
Region
Severna Bulgaria; Severen tsentralen; Ruse
Location of affected unit(s)
NA
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24 - Manufacture of basic metals

180 jobs
Number of planned job creations
Job creation
Announcement Date
6 June 2005
Employment effect (start)
7 June 2005
Foreseen end date

Description

A new department for electrically welded tubes and galvanized sheet iron will give work to 180 persons at Prezis Inter Holding. The new modern equipment is expected to produce high quality production. The €4 million investment will help develop four new production lines. Since 2001, more than €10 million were invested in the expansion of the company. Prezis was founded in the 1990s and now half of the production is exported in Romania, Greece, Poland, Czech Republic, Hungary, Germany and Austria. The holding recently got its first contract with the UK amounting £2 million.


Sources

Citation

Eurofound (2005), Prezis Inter Holding, Business expansion in Bulgaria, factsheet number 61721, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61721.