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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Wearing Apparel 14 - Manufacture of wearing apparel
400 jobs Number of planned job creations
Announcement Date
22 November 2005
Employment effect (start)
2 May 2006
Foreseen end date
Description
A €4.6 million investment will be completed at Moni MCD - Pleven to expand the production capacity, in order to respond to the growing number of orders coming from Germany, Italy, Greece and USA, the owner of the company Mr. Magdalen Dimitrov announced. Construction should be accomplished in April 2006 and start operating in May of the same year. More then 400 new working places for highly qualified employees will be created, and some more people will be hired in the existing production lines. Moni MCD, which was established in 1991, is one of the biggest employers in the Pleven region. 950 workers are currently working there. 1,800 jackets and 1,200 pairs of trousers are produced every day.
Eurofound (2005), Moni MCD, Business expansion in Bulgaria, factsheet number 62602, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62602.
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