Maxcom Ltd. - Plovdiv

Type
Business expansion
Country
Bulgaria
Region
Yugozapadna i Yuzhna tsentralna Bulgaria; Yuzhen tsentralen; Plovdiv
Location of affected unit(s)
Sector
Manufacturing
(24 - 25) Manufacture of metals
25 - Manufacture of fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
500 jobs
Number of planned job creations
Job creation
Announcement Date
9 January 2006
Employment effect (start)
11 September 2006
Foreseen end date

Description

Maxcom Ltd. has started building a new factory for bicycles in the village of Tzaratzovo near Plovdiv. The BGN 20 million investment will be finalised in 8 months. The capacity of the fatory will be 500,000 bicycles per year and 500 new jobs will be created. The production of the new factory will be marketed under the trade mark 'Sprint' and most of its parts will come from well-known foreign trade marks - such as Japanese Shimano, said Maxcom.

Sources

Citation

Eurofound (2006), Maxcom Ltd. - Plovdiv, Business expansion in Bulgaria, factsheet number 62787, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62787.