Type
Business expansion
Country
Bulgaria
Region
Severna Bulgaria; Severen tsentralen; Pleven
Location of affected unit(s)
Pleven
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Civil Engineering
42 - Civil engineering

124 jobs
Number of planned job creations
Job creation
Announcement Date
26 March 2007
Employment effect (start)
19 March 2008
Foreseen end date

Description

Two Factories from Pleven - Lia and Vatex – have started building a new production storehouse with a trade centre and seminar facilities. The two firms have different profile – one produces furniture equipment, the other one is working in the garment industry – but actually we use very similar machines, said the director of Vatex Mrs Valjia Toneva. The common investment will be 2.4 million BGN. The new storehouse will be built on the highway exit to Sofia and will be completely ready in March 2008. There will be 124 new working places created. Production workshops, stocks as well as exhibition hall and seminar hall for 50 persons are among the facilities, which the new centre will offer.


Sources

  • 27 March 2007: Dnevnik

Citation

Eurofound (2007), Lia - Pleven and Vatex - Pleven, Business expansion in Bulgaria, factsheet number 65189, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65189.