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
500 jobs Number of planned job creations
Announcement Date
10 October 2005
Employment effect (start)
1 September 2006
Foreseen end date
Description
Sky city shopping centre is the newest project of the Bulgarian chain Fantastico. The centre is currently being built and will be opened by September 2006. More than €20 million will be invested in the new centre, where between 13,000 and 15,000 persons are expected to come everyday. Bulgarian and foreign companies have already reserved trade area for renting or buying. Fantastico is a Bulgarian chain for food sales, which operates on the territory of the capital Sofia and has 28 shops at the moment. ‘The plans are to enlarge our activities in the country’, said Mr Valentin Vassilev, director of the Sky city shopping centre.
Eurofound (2005), Fantastico - Bulgaria, Business expansion in Bulgaria, factsheet number 62404, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62404.
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