Actavis

Type
Internal restructuring
Country
Bulgaria
Region
Yugozapadna i Yuzhna tsentralna Bulgaria; Yugozapaden; Kyustendil
Location of affected unit(s)
Dupnitsa
Sector
Manufacturing
(20 - 21) Manufacture of chemicals and pharmaceuticals
21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
125 jobs
Number of planned job losses
Job loss
Announcement Date
3 February 2009
Employment effect (start)
3 February 2009
Foreseen end date
31 August 2009

Description

By the end of August 2009, Actavis, the Iceland-based generic drug manufacturer, will cut 125 jobs at its factory in Dupnitsa. "The cuts are a part of streamlining plan that will help the company to increase its productivity and optimize the number of employees", Margret Barzachka, PR officer for Actavis Operations (the unit that owns and manages the group's plants in Bulgaria), told SeeNews.

Actavis employs 2800 workers in Bulgaria.

Sources

Citation

Eurofound (2009), Actavis, Internal restructuring in Bulgaria, factsheet number 68852, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68852.