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 newly created company Pleven Retail Centre will build a three-flour hypermarket with goods for everyday use announced the PR department of the Pleven municipality. The first flour will be for a food shop, the second and third flours will be for shops with different kinds of house hold appliances. The intention of Pleven Retail Center is to make a survey for the consumers needs and then to decide which kind of shops will be established. More than 150 jobs will be created, according to the expectation of the investors. The new hypermarket will be built close to the local Professional school for vine growing. The investor will build also the infrastructure facilities to the new shop. Pleven Retail centre was created 6 months ago by three big companies – Fair-play International, Sofia Estates 1 and Bulgarian Property developments in order to develop commercial activities within the region of Pleven.
Eurofound (2007), Pleven Retail Center, Business expansion in Bulgaria, factsheet number 65308, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65308.