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.
Manufacturing Manufacture Of Chemicals And Pharamceuticals Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
125 jobs Number of planned job losses
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.
Eurofound (2009), Actavis, Internal restructuring in Bulgaria, factsheet number 68852, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68852.
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