Type
Business expansion
Country
Bulgaria
Region
Yuzhna Bulgaria; Yuzhen tsentralen; Stara Zagora
Location of affected unit(s)
NA
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Trade, Except Of Motor Vehicles And Motorcycles
47 - Retail trade, except of motor vehicles and motorcycles

1,000 jobs
Number of planned job creations
Job creation
Announcement Date
6 March 2006
Employment effect (start)
12 July 2006
Foreseen end date

Description

BGN 100 million will be invested near the town of Stara Zagora, where the first shopping mall in that region will be built. The three investors - Technopolis, Mr. Bricolage (the French owned DIY chain) and Alexandra Films (the biggest Bulgarian video distribution company)- have purchased the land and will start the building of the first hyper-market on March 20 to be completed by July 12. The second hyper-market is to be completed by the end of 2006. Between 800 and 1400 people will be engaged in the building process, and up to 1000 will find work in the mall once completed.


Sources

Citation

Eurofound (2006), Shopping mall Stara Zagora, Business expansion in Bulgaria, factsheet number 63125, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63125.