Restructuring events
European Restructuring Monitor (ERM)
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.
Petrol AD, the leading distributor of automotive fuel in Bulgaria will build 50 trade complexes in some of its petrol stations till the end of 2006, announced told director of Trade and marketing department Mr. Ivan Kostadinov. The project is a part of the company’s' strategy to enlarge its petrol-stations network and to widen the range of offered goods. About 300 new working places will be created, told ERM Mr. Ivan Neykov, Supervisory Board member. Currently, Petrol AD has 120 trade complexes all over the country. The aim for 2007 is to increase the number to 170. Petrol has the biggest number of petrol stations in Bulgaria. They could be an alternative to shops and supermarkets, Mr. Kostadinov said.
Eurofound (2006), Petrol AD, Business expansion in Bulgaria, factsheet number 63022, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63022.