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.
The Turk firm Santineli is recruiting 200 tailors for its new workshop. Santineli already is giving work to 1,200 tailors since the establishment of the firm in 2002. The mayor of Pazardzhik Ivan Evstatiev announced that the new 200 tailors will be recruited from the neighboring town of Pazardzhik, because there is a lack of skilled working force in Plovdiv. There is a professional school in our town, he added, and the needed 200 tailors will be selected among those trained there. A project for the near future is Santineli to re-locate some of its production to Pazardzhik, and the municipality is looking for municipal land which meets the requirements of the firm, was also announced from the mayor of the town. The production of Santineli is exported to some EU countries, America and Russia.
Eurofound (2006), Santineli, Business expansion in Bulgaria, factsheet number 63479, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63479.