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.
Severna i Yugoiztochna Bulgaria; Severoiztochen; Targovishte
Location of affected unit(s)
Sector
Manufacturing (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 23 - Manufacture of other non-metallic mineral products 23 - Manufacture of other non-metallic mineral products
500 jobs Number of planned job creations
Announcement Date
28 March 2008
Employment effect (start)
1 January 2009
Foreseen end date
1 June 2010
Description
Trakya Glass Bulgaria EAD, subsidiary of the Turkish glass giant Şişecam, is to create 500 new jobs by June 2010. Şişecam will invest USD 380 million in the expansion of its production facility in Targovishte. Another USD 415 million will be invested in the construction of four new plants by 2010. The new plants will produce flat glass, motor vehicle window glass, bullet-proof glass and insulation glass. The Bulgarian subsidiary of Şişecam currently employs 1,500.
Sources
Citation
Eurofound (2008), Trakya Glass Bulgaria EAD, Business expansion in Bulgaria, factsheet number 66891, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66891.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...