Balkan-LK ltd.

Type
Internal restructuring
Country
Bulgaria
Region
Severna i Yugoiztochna Bulgaria; Yugoiztochen; Burgas
Location of affected unit(s)
Burgas
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
262 jobs
Number of planned job losses
Job loss
Announcement Date
23 September 2010
Employment effect (start)
30 August 2010
Foreseen end date
30 November 2010

Description

Balkan-LK Ltd. a construction and installation company has announced it will lay -off 262 employees. Redundancies were launched on August 30, 2010 and will continue until November 30,2010.

Sources

Citation

Eurofound (2010), Balkan-LK ltd., Internal restructuring in Bulgaria, factsheet number 70978, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70978.