Business expansion
Yuzhna Bulgaria; Yugozapaden; Pernik
Location of affected unit(s)
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.2 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel

2,000 jobs
Number of planned job creations
Job creation
Announcement Date
3 June 2008
Employment effect (start)
3 June 2008
Foreseen end date
30 September 2009


Stomana Industry, a Bulgarian steel-maker, has announced the opening (on Tuesday, 3 June) of a new facility for the production of special steels. The new facility will employ 2000 people by September 2009 and is located in the city of Pernik, west of Sofia. Stomana Industry is owned by the Greek group Sidenor, the largest producer of steel in Greece and owner of production facilities in Bulgaria and Republic of Macedonia (FYROM). The company also operates in the steel pipe industry through its subsidiary Corinth Pipeworks. Stomana Industry has invested EUR 130 million (BGN 254 million) since 2001 when the company became part of Sidenor Group. About EUR 80 million (BGN 156 million) have been invested in the new facility in Pernik.


  • 4 June 2008: Kathimerini


Eurofound (2008), Stomana Industry, Business expansion in Bulgaria, factsheet number 66700, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66700.